MoF Discusses Latest Financial, Economic Developments In UAE With IMF

(UrduPoint / Pakistan Point News / WAM - 17th Sep, 2025) ABU DHABI, 17th September, 2025 (WAM) – The Ministry of Finance (MoF) received a delegation from the International Monetary Fund (IMF) on Wednesday at its headquarters in Abu Dhabi for the annual Article IV consultation, reviewing the nation's economic outlook and policy framework.

The discussions touched on the UAE's macroeconomic performance, developments in its financial and banking sectors, and the government's broader economic policies. Both sides also explored Primary challenges and opportunities for fostering the UAE’s sustainable economic growth.

The MoF delegation was led by Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, and included Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations at the Ministry, alongside other ministry officials.

The IMF team was headed by Saeed Bakash, Head of the IMF Mission to the UAE and Advisor in the middle East and Central Asia Department, and ‪Koralai Kirabaeva, Senior Economist at the Fund, and a number of Fund experts.‬‬

In a statement, AlKhoori emphasised that the meeting with the IMF’s Article IV consultation mission showcases the depth of the UAE’s strategic partnership with the Fund. “We, at the Ministry of Finance, attach utmost importance to strengthening this cooperation, as the IMF remains a key partner in supporting our efforts to advance fiscal and economic policy and to adopt international best practices that enhance the resilience and sustainability of the national economy.

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“Through these regular consultations, we are committed to fostering open dialogue and exchanging expertise, enabling us to design financial policies that keep pace with regional and global developments.”

He further stated that the Article IV consultations provide a vital platform to showcase the UAE’s successful experience in fostering balanced and inclusive economic growth.

AlKhoori noted that these discussions help consolidate the nation’s position as a leading global economic hub attractive to quality investment and new international partnerships.

“We are committed to continually developing our financial system to ensure sustainable development and safeguard macroeconomic stability,” he said. “This enhances our preparedness for future challenges and drives a competitive, innovation-led economy that promotes the well-being of our society.”

The mission's visit to the UAE, which began on September 17 and concludes on October 1, is a standard part of the IMF's annual review process for its member countries.