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Economic growth

UAE Hosts IMF Delegation for Annual Article IV Consultation

Strategic Insights

— 1 min read

The Ministry of Finance (MoF) in Abu Dhabi received a delegation from the International Monetary Fund (IMF) for the annual Article IV consultation, assessing the nation's economic outlook and policy framework. The discussions focused on the UAE's macroeconomic performance, developments in its financial and banking sectors, and the government's broader economic policies. The MoF delegation, led by Younis Haji AlKhoori, highlighted the importance of strengthening cooperation with the IMF to advance fiscal and economic policy and adopt international best practices.

Key Takeaways:

  • The IMF delegation, led by Saeed Bakash and including Koralai Kirabaeva, conducted a standard part of the IMF's annual review process for member countries, consisting of discussions on macroeconomic performance, financial and banking sectors, and government policies.
  • The Article IV consultations provided a platform to showcase the UAE's experience in fostering balanced and inclusive economic growth, consolidating its position as a leading global economic hub.
  • Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, emphasized the importance of strengthening cooperation with the IMF, highlighting its role as a key partner in supporting fiscal and economic policy.
  • The UAE is committed to developing its financial system to ensure sustainable development, safeguard macroeconomic stability, and drive a competitive, innovation-led economy.
  • The IMF mission's visit to the UAE began on September 17 and concluded on October 1, in line with the IMF's annual review process.

Statistics:

  • The IMF mission consisted of a team led by Saeed Bakash, Head of the IMF Mission to the UAE, and included Koralai Kirabaeva, Senior Economist at the Fund.
  • The mission's visit to the UAE lasted from September 17 to October 1.
  • The Ministry of Finance, led by Younis Haji AlKhoori, attached importance to strengthening cooperation with the IMF in supporting fiscal and economic policy.

Sources:

  • Wam (Abu Dhabi) -- 17 Sep 2025
  • International Monetary Fund (no date mentioned)

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