UAE finance chief attends IMF meeting
Obaid Al Tayer, Minister of State for Financial Affairs, is leading the UAE delegation at the International Monetary Fund and World Bank annual meetings in Bali, Indonesia, which ends today. The delegation includes Younis Haji Al Khoori, undersecretary of the Ministry of Finance, and experts at the ministry and the UAE Central Bank. On the sidelines of the annual gathering, Mr Al Tayer and OK Matambo, Minister of Finance of the Republic of Botswana, signed an agreement on the avoidance of double taxation to strengthen economic and financial relations between the UAE and Botswana. Mr Al Tayer also met the Pakistani Minister of Finance, Asad Umar, to discuss ways to strengthen relations.