UAE Supports Qatar's Bid To Host 2026 World Bank And IMF Meeting


(MENAFN- Gulf Times) His Highness the Amir Sheikh Tamim bin Hamad al-Thani received Sunday a phone call from his brother President of the sisterly United Arab Emirates Sheikh Mohamed bin Zayed al-Nahyan.
During the call, His Highness the Amir and the President of the United Arab Emirates discussed the fraternal relations between the two countries and ways to enhance and support them, in addition to regional and international developments.
During the call, Sheikh Mohamed bin Zayed al-Nahyan expressed the UAE's support for Qatar's candidacy file to host the 2026 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), and accordingly, the UAE will withdraw its candidacy file, wishing Qatar all the success in hosting that international gathering.
In turn, His Highness the Amir extended his thanks to the President of the United Arab Emirates, for his country's support for Qatar's candidacy to host these meetings and for his sincere fraternal wishes.
The 2023 Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) will take place from October 9-15 in Marrakesh, Morocco.
The World Bank/IMF Annual Meetings are held for two consecutive years at the World Bank Group and IMF headquarters in Washington, D.C., US, and every third year in another member country. This cycle was disrupted by the Covid-19 pandemic, with the Annual Meetings convening virtually in 2020 and 2021.
The Annual Meetings bring together central bankers, ministers of finance and development, private sector executives, civil society, media, and academics to discuss issues of global concern, including the world economic outlook, global financial stability, poverty eradication, inclusive economic growth and job creation, climate change, and others.
The Annual Meetings will include the meetings of the Boards of Governors, the joint World Bank Group/IMF Development Committee and the IMF International Monetary and Financial Committee (IMFC). The Development Committee and the IMFC advise the Boards of Governors on issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.
Other featured events include regional briefings, press conferences, and fora focused on international development, the global economy, and financial markets, according to information posted on the World Bank website.

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