Finance Minister Discusses Latest Economic Developments in the Country with IMF Delegation - Sarmad
Yaqoub Al-Rafai discusses with IMF delegation ways to enhance economic cooperation and financial sustainability in Kuwait
Translated by Qiyas from سرمد — Original source
Finance Minister Dr. Yaqoub Al-Rafai held talks today, Monday, with a mission from the International Monetary Fund (IMF), led by Mission Chief Vincenzo Giusto, to discuss the latest economic and financial developments in the country.
In a press release, the Ministry of Finance stated that the meeting reviewed the latest updates on economic performance and the government’s efforts to enhance fiscal sustainability, develop the public financial management system, and support economic reform pathways in line with Kuwait’s development objectives and the “New Kuwait 2035” vision.
The ministry noted that the meeting also addressed ways to strengthen the existing cooperation between Kuwait and the IMF, leverage technical expertise, and exchange views on future economic prospects.
It added that both sides emphasized the importance of continuing cooperation and joint coordination to support economic and financial stability and achieve sustainable development.
Attending the meeting were Assistant Undersecretary for Technical Services and Acting Undersecretary of the Ministry of Finance Saad Al-Alawi; Director General of General Budget and General Accounting Affairs Ahmed Al-Amran; Acting Head of the Government Expenditure Performance Evaluation and Financial Accountability Unit Saad Fahad Al-Sabah; Senior Economist Alexey Meksyuk; and Senior Economist Chandana Kularatne.
The IMF mission is visiting Kuwait officially from November 2 to 9.
