Economic Experts Debate Debt and Climate Finance Strategies

Minister of Finance Taif Sami emphasised the importance of regional and international cooperation in addressing economic challenges during her participation in the Ninth Arab Public Finance Forum. The event, held in Jumeirah, Dubai, was organised by the UAE Ministry of Finance in collaboration with the Arab Monetary Fund and the International Monetary Fund as part of the World Government Summit 2025.

In her speech, Minister Sami highlighted the need for flexible financial policies to manage global economic uncertainties while maintaining a balance between development, financial sustainability, and climate action. She stressed that regional cooperation is crucial to strengthening economic resilience and long-term stability in Arab nations.

The forum, themed “Flexibility of Public Finance in a World Shrouded in Uncertainty,” brings together finance ministers, economic experts, and officials from international financial institutions to explore solutions to pressing economic issues. Discussions focus on macroeconomic impacts on public finance, debt management, climate-responsive financial policies, and tax system reforms.

Minister Sami also underscored the importance of structural reforms in enhancing financial stability and ensuring sustainable public spending. She advocated for modern financial policy tools to improve spending efficiency, transparency, and digital transformation in the financial sector.

A key aspect of the forum is the role of regional and international financial institutions in supporting Arab economies. Participants are discussing strategies for sustainable development financing, challenges in adopting modern financial technologies, and policies to boost fiscal resilience amid global economic shifts.

The event will conclude with a ministerial roundtable, bringing together Arab finance ministers and representatives from the IMF and Arab Monetary Fund to explore opportunities for regional financial cooperation and set economic policy priorities for the future.

The forum serves as a critical platform for strengthening partnerships among Arab nations and their global counterparts, reinforcing the collective commitment to economic stability, financial sustainability, and innovation in the region.

Source: Ministry of Finance