KUWAIT: The Sultanate of Oman yesterday took part in annual joint meetings of Arab financial institutions, which convened in Kuwait.
Oman’s delegation to the meetings was headed by Sultan bin Salim al Habsi, Minister of Finance. The delegation included officials from the Ministry of Finance and the Central Bank of Oman.
Al Habsi, who chaired the opening session of the annual joint meetings, stressed the importance of exerting more efforts and extending more cooperation to keep pace with current global events and developments. He also underlined the need to devise flexible financial strategies capable of addressing global challenges, consolidating economic stability in the region and providing a better investment climate.
Al Habsi pointed out that the Arab region, being an inseparable part of the global economic system, remains vulnerable to any worldwide challenges.
The 16th meeting of the Council of Arab Finance Ministers was held on the sidelines of the joint session, which discussed public debt management and public finance risks, among other issues. — ONA
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