UAE participates in virtual G20

Tuesday, 31 March 2020 19:26

The UAE has participated in the second virtual G20 meeting for ministers of finance and central bank governors.

The UAE’s Minister of State for Financial Affairs, Obaid Humaid Al Tayer joined the group to discuss ways to use the world’s financial institutions to contain economic impacts of the COVID-19 pandemic.

Al Tayer said there are financial and monetary measures that need to be taken by all members of the G20 to protect the international community prevent a global economic crisis.

These will involve taking medium and long-term precautionary steps and measures to stimulate market recovery.

The virtual meeting was initiated by Saudi Arabia, the host of the next G20 summit.

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News

UAE intercepts 5 ballistic missiles and 35 drones on Wednesday
UAE air defences have successfully intercepted 5 ballistic missiles and 35 drones launched from Iran on Wednesday, the Ministry of Defence said.
One injured from fallen sharpnel in Umm Al Quwain
One person has been injured from falling shrapnel following a drone interception in Umm Al Quwain, authorities confirmed on Wednesday.
One dead in debris incident at farm in Fujairah
Authorities have announced on Wednesday that fallen debris from a drone interception at a farm in Fujairah's Al Rifaa area on Wednesday caused the death of one individual.

UAE participates in virtual G20

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