💨 Abstract

The UAE participated in the second BRICS Finance Ministers and Central Bank Governors meeting in Moscow, represented by key officials from the Ministry of Finance and Central Bank. UAE's Mohamed bin Hadi Al Hussaini emphasized the need for infrastructure development and local currency financing to stabilize reserves and reduce currency risks. The UAE, now a BRICS member, aims to strengthen economic partnerships and supports the interests of developing nations.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖