The UAE participated in the first G20 Finance and Central Bank Deputies Meeting under the South African Presidency, which was held in Johannesburg from 11 to 12 December 2024.
Publish dateTuesday 17 December 2024 - 23:00
According to Amac News: The UAE delegation, led by Younis Haji Al Khoury, Undersecretary of the Ministry of Finance, and Ibrahim Al Zaabi, Deputy Governor of the Central Bank of the Emirates, discussed issues such as the global economic outlook, financial stability, debt vulnerabilities, sustainable financing and infrastructure development.
The UAE delegation reaffirmed its commitment to the evolving G20 process and expressed its support for South Africa’s priorities.
The UAE delegation also stressed the importance of innovative financing mechanisms to strengthen global financial stability and support emerging markets and developing economies.
The UAE also supported the South African presidential action plan on sustainable finance for 2025, emphasizing the need to assess the impacts of international taxation and develop domestic carbon markets.
The UAE delegation reaffirmed its commitment to the evolving G20 process and expressed its support for South Africa’s priorities.
The UAE delegation also stressed the importance of innovative financing mechanisms to strengthen global financial stability and support emerging markets and developing economies.
The UAE also supported the South African presidential action plan on sustainable finance for 2025, emphasizing the need to assess the impacts of international taxation and develop domestic carbon markets.
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Source : news agency wam
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