Baghdad/NinaThe Minister of Finance, Taif Sami Muhammad, participated in the activities of the Eighth Public Finance Forum for Arab Countries under the title: “Designing more efficient financial policies to address challenges related to debt and future financial issues in light of more stringent financing restrictions, tax management, and reform of public sector institutions.”
The Ministry stated in a statement: “The forum discussed financial policy issues and the prospects for economic and financial developments, with the aim of exchanging experiences and expertise and identifying the challenges facing economic policy makers and reform priorities in Arab countries.”
The forum is held in cooperation with the International Monetary Fund, with the presence and participation of Arab finance ministers, governors of central banks and Arab monetary institutions, in addition to a number of heads, senior officials and experts from international and regional financial institutions.
The forum also addresses the challenges of reforming and supporting energy and strengthening social safety networks, with the aim of achieving a future characterized by sustainability and social solidarity. The forum also addresses the balance sheet-based approach to creating value from public assets in order to enhance the ability of governments to achieve their goals, in addition to the importance of enhancing revenue mobilization. Locally, to confront spending pressures and achieve comprehensive and sustainable economic growth, by improving tax administration, while evaluating the progress achieved in the Arab region./End 7
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