UAE to Host High-Level OECD Budget Officials Meeting for the MENA Region
Abu Dhabi, November 12, 2024
The UAE, represented by the Ministry of Finance, is set to host the annual meeting of the Organisation for Economic Co-operation and Development (OECD) Middle East and North Africa Senior Budget Officials (MENA SBO) in Abu Dhabi on November 18 and 19.
The event aims to bolster cooperation and knowledge-sharing among regional decision-makers on public financial management and budgeting. Attendees will include senior budget officials and managers from across the MENA region.
Discussion Sessions
The meeting will feature sessions on key topics, including the latest developments in public budget preparation, trends in government spending, and strategies to boost spending efficiency through modern practices. Participants will also explore innovative financing mechanisms designed to foster public-private partnerships.
In addition, discussions will cover initiatives to enhance financial literacy among the public, raising awareness about the importance of sound public financial management. Discussions will also delve into the application of generative artificial intelligence in budget preparation and public spending.
Exchanging Experience
H.E. Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, emphasised that the UAE has become a global hub for hosting high-profile international events focused on financial and economic management.
AlKhoori noted that the annual gathering provides an ideal opportunity to strengthen regional cooperation and exchange strategies for managing public financial resources efficiently and transparently, supporting the region’s ambitions for sustainable economic growth.
'It’s through collective efforts and the use of advanced technologies such as artificial intelligence and digitisation that we can truly improve public spending efficiency and enhance transparency in managing budgets,' he said. 'These methods are fundamental to advancing common development goals throughout the region.'
It’s worth noting that the UAE also hosted the OECD’s annual meeting of senior budget officials for the Middle East and North Africa last year in Dubai, where discussions covered budget preparation, public spending, green budgeting, and public finance reform initiatives in member countries.
Home >> Local News and Government Section
e& UAE and Dubai Airports team up to explore enhancement of airport operations w ...
UAE takes delivery of Airbus A330 MRTT
flydubai makes its debut at the Bahrain International Airshow
Masdar Signs Agreement to Develop 1GW Mingbulak Wind Farm in Uzbekistan
Hitachi Energy advances predictability of energy investments forecasting with ne ...
IMAN developers' 14th project, One Park Square, sells out in four hours
Dubai Culture Strengthens Strategic Partnership with Mohammed bin Rashid School ...
VinFast Enters the Middle East, Driven by Vingroup's ‘Forever Start-up Spirit'
The 2nd Edition of Brands of India Opens Doors for Global Retailers & Distributo ...
Ethara joins green operations & advanced leadership (goal) programme – marking a ...
rivexa: Your Gateway to India's Best Apparel Manufacturing Hub
Dubai Shopping Festival Unveils The Most Extraordinary Line-Up Of Events To Date ...
Joy Alukkas' Autobiography, ‘Spreading Joy' Unveils New Chapter with Arabic Edit ...
UAE to Host High-Level OECD Budget Officials Meeting for the MENA Region
Sita and ips launch gold standard offer with intelligent passenger solutions
Keep moving Dubai! Week three of Dubai Fitness Challenge is here with another ...
AD Ports Group Delivers Record Revenue of AED 4.66 billion and Total Net Profit ...
Abu Dhabi University and the UAE Space Agency Forge Partnership to Propel UAE's ...
Innovation and Safety Take Center Stage at SIBEC 2024 in Abu Dhabi
Brighton College Dubai Triumphs at BSME Golf Championship, Securing First-Ever T ...