CBUAE joins IMF-World Bank Spring Meetings in Washington

The meetings brought together central bank governors, finance ministers and representatives of international financial institutions to discuss global economic developments and financial stability.

UAE delegation led by Balama

Khaled Mohamed Balama led the UAE delegation, which included senior officials from the central bank across the monetary policy, financial stability, and banking supervision sectors.

Addressing global economic challenges

Balama delivered the UAE’s keynote address at the MENAP high-level meeting with the IMF, which was attended by Kristalina Georgieva.

He highlighted global economic developments and geopolitical challenges, and their impact on regional and global economies, while emphasising the UAE’s proactive role in strengthening economic resilience.

Strengthening financial sector resilience

The Governor reaffirmed the UAE’s commitment to improving financial-sector efficiency through proactive frameworks, including the Proactive Financial Institution Resilience Package, launched in March.

Bilateral meetings and cooperation

On the sidelines, the delegation held bilateral meetings with several central bank governors and international officials, including Madis Müller and Natia Turnava, to strengthen monetary and financial cooperation.

Supporting global financial stability

CBUAE’s participation reflects its active role in international dialogue about the future of the global economy and reinforces the UAE’s standing as a key partner in promoting financial and economic stability.