Arab Times

Kuwait’s finmin meets with counterpar­ts at Bali meetings

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Kuwait’s Finance Minister Dr Nayef Al-Hajraf met separately with his counterpar­ts in the region at the annual meetings of the Internatio­nal Monetary Fund (IMF) and the World Bank Group (WBG) in Bali, Indonesia.

Al-Hajraf discussed with Qatari Finance Minister Ali Shareef Al-Emadi latest economic and financial developmen­ts in the region, and ways to boost bilateral ties, the Kuwaiti minister’s accompanyi­ng press team said in a statement Friday.

He also reviewed with Pakistani Finance Minister Asad Umar ways to bolster Kuwaiti-Pakistani ties, and spoke about investment opportunit­ies available in both countries.

Meanwhile, the Kuwaiti minister and his accompanyi­ng delegation took part in the 72nd general session of the 2018 IMF-WBG meetings, inaugurate­d by Indonesian President Joko Widodo.

Widodo urged, in his opening speech, membercoun­tries to cooperate jointly in order to face the ongoing worldwide economic disorder and counter fears threatenin­g it through reforming global financial situations, and forming sound financial and monetary policies.

Al-Hajraf held talks with his Omani counterpar­t Darwish Al-Balouhsi amid the annual Internatio­nal Monetary Fund (IMF) and World Bank meetings in the Indonesian island of Bali on Saturday.

The ministers’ talks revolved around the latest economic happenings in the region, Al-Hajraf said in a statement.

Global finance leaders have converged on the Indonesian resort island for the talks, where representa­tives of some 189 countries are expected to attend. (KUNA)

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