DOHA: The Finance Ministers and Central Bank Governors of the Gulf Cooperation Council (GCC) countries have met with the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, in Doha. The meeting was chaired by Finance Minister HE Ali bin Ahmed Al Kuwari, with Qatar represented by HE Sheikh Bandar bin Mohammed bin Saud Al Thani, Governor of Qatar Central Bank.
The meeting reviewed various financial and monetary topics, including discussions on the IMF’s recent paper. Key points included focusing on policies that ensure financial sustainability, such as enhancing non-oil revenues and increasing investments in renewable energy sources. Additionally, the governors emphasised the need for structural reforms to promote private sector-led growth and create job opportunities.
