GCC Finance Ministers, Central Bank Governors Meet IMF Managing Director

Doha: October 03 - HE Minister of Finance Ali bin Ahmed Al-Kuwari chaired a joint meeting of GCC finance ministers and central bank governors and HE Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, on Thursday. The State of Qatar's delegation to the meeting was headed by HE Governor of Qatar Central Bank, Sheikh Bandar bin Mohammed bin Saoud Al-Thani. The meeting discussed several financial and monetary topics, as well as a paper by the IMF that provides an overview of recent trends and economic prospects for the Gulf region, in addition to discussing the importance of focusing on policies that ensure financial sustainability, such as non-oil revenues and increasing investments in renewable energy sources, and the importance of structural reforms to enhance private sector-led growth and provide job opportunities. The joint meeting of the GCC finance ministers and central bank governors with the IMF was held on the sidelines of the 122nd meeting of the GCC Financial and Econ omic Cooperation Committee, hosted by the State of Qatar. Source: Qatar News Agency