Last Updated: 2019-01-10
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ABU DHABI, United Arab Emirate, Jan 10 (NNN-KUNA) - Undersecretary of Kuwait Finance Ministry, Saleh Al-Sarawi, headed a Kuwaiti delegation to participate in the fourth annual meeting of undersecretaries of Arab finance ministries, in Abu Dhabi.

The meeting, organised by the Arab Monetary Fund, was attended by representatives of Arab finance ministers, experts, and representatives from the International Monetary Fund, the World Bank Group, the Organisation for Economic Cooperation and Development, and a group of specialists in Arab finance.

They discussed support of small and medium enterprises and development of systems of social security funds in the Arab countries, Al-Sarawi said, in a statement.

The meeting also discussed the preparations for the Fourth Forum of Public Finance in the Arab States, due to be held in Dubai on Feb 8, in addition to preparations for the next session of the Council of Arab Ministers of Finance, due in Kuwait next April.

The meeting, chaired by the State of Kuwait, also addressed strategic management of public debts in the Arab countries, and the use of modern financial techniques to develop tax services.

Arab experiences in achieving financial sustainability in the Arab countries were exchanged during the meeting.

“Kuwait has set ambitious and promising plans for economic and financial sustainability, within Kuwait’s Vision 2035 (New Kuwait),” he added.-- NNN-KUNA