Integrating "sustainable financing" into debt management and financial policies attracts more investments and serves economic development

We are working to benefit from ESCWA's expertise in formulating strategies related to the ability to bear and improve debt files

Developing innovative programs to swap debts and convert them into investments in local currency helps control financial policies and expand financial space

 

 

Minister of Finance, Ahmed Kouchouk, held a bilateral meeting with Rola Dashti, Executive Secretary of the United Nations Economic and Social Commission for Western Asia (ESCWA), on the sidelines of their participation in the meetings of the Preparatory Committee for the Fourth International Conference on Financing for Development in New York, within the framework of the two sides' keenness to exchange experiences in the field of controlling financial policies and improving debt files.

 

The Minister assured that we look forward to further cooperation with ESCWA in the field of financing policies and solutions in a way that contributes to enhancing comprehensive growth, explaining that integrating sustainable financing into debt management and financial policies attracts more investments to serve the goals of economic development.

 

Kouchouk added that we are working to benefit from ESCWA's expertise in formulating strategies related to the ability to bear and improve debt files, noting that developing innovative programs to swap debts and convert them into investments in local currency helps in controlling financial policies and expanding the financial space.