H.E. Younis Haji Al Khoori, Undersecretary of the Ministry of Finance (MoF), participated yesterday in a high-level G20 virtual forum titled ‘Enhancing Access to Opportunities in the Middle East.’ The International Monetary Fund (IMF), the Saudi Ministry of Finance and the Saudi Arabian Monetary Authority, organised the forum, and deliberated ways to enhance access to opportunities in Arab countries. It also aimed to benefit from global and regional experiences in combatting the COVID-19 pandemic.

H.E. Mohammed bin Abdullah Al-Jadaan, Saudi Minister of Finance; Dr. Ahmed Alkholifey, Governor of the Saudi Arabian Monetary Authority; and Ms. Kristalina Georgieva, Managing Director of IMF, arab finance ministers and central bank governors, and leaders of international and regional financial institutions participated in the meeting.

During the forum; H.E. Al Khoori highlighted the need to benefit from opportunities in light of the COVID-19 crisis, and to enhance countries’ ability to adapt to the new environment it imposed. H.E. emphasised enhancing market connectivity, creating platforms to help build talent, and facilitating access to knowledge and flexibility in labour markets. H.E. stressed the need to ensure the private sector’s participation and bridge the financing gap for SMEs. H.E. also called for cooperation and working towards recovering and achieving sustainable and inclusive growth to enhance the future generations’ well-being and prosperity.

H.E. said: “Despite the crisis we are facing, we have witnessed new opportunities in various sectors, including telecommunications, e-payments, education technologies and healthcare services, which reaffirms that opportunities still exist.”

During the first session, Ms. Kristalina Georgieva chaired a panel discussion on international experience with policies to promote access to opportunities. The second session was chaired by Dr. Ahmed Alkholifey and focused on policies to enhance access to opportunities in the MENA region. During this session, the participants discussed the roadmap for the 2021 annual meetings taking place in Marrakesh.

The UAE’s participation in the G20 meetings in 2020 came in response to the invitation it received from Saudi Arabia, during its presidency of the G20 until the end of November this year.

Send us your press releases to pressrelease.zawya@refinitiv.com


© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.