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Dubai /Â WAM
The Ministry of Finance (MoF) signed a cooperation agreement with the Federal Competitiveness and Statistics Authority (FCSA) at GITEX Technology Week, to strengthen technical cooperation between the two parties and encourage the exchange of financial and economic information.
The agreement was signed by Younis Haji Al Khoori, Under-Secretary of MoF, and Abdulla Nasser Lootah, Director General of the FCSA, in the presence of Saeed Rashid Al Yateem, Assistant Under-Secretary of Resources and Budget Sector at MoF, Musabah Al Suwaidi, Assistant Under-Secretary of Support Services Sector at MoF, and a number of heads of departments and employees from the Ministry, FCSA, and GITEX visitors.
Al Khoori stressed the importance of strengthening cooperation and joint work between different government entities to benefit the financial and monetary policies, and achieve sustainable development in the UAE.
The agreement stipulates cooperation in a number of projects, particularly designing the UAE’s financial and economic indicators page, exchanging knowledge and experiences on best practices in common fields, activating joint cooperation in financial affairs, providing training and hosting lectures and conferences as well as technical cooperation between both parties.
The parties will organise regular meetings to establish joint programmes and activities, as well as conduct periodic assessments to evaluate the effectiveness of joint cooperation. Both parties are required to provide relevant information and data relating to their cooperation.