Abu Dhabi: Obaid Humaid Al Tayer, Minister of State for Financial Affairs, has met with Dr Jim Yong Kim, President of the World Bank Group (WBG), at the World Bank Group’s headquarters in Washington.

The meeting was held as part of the Ministry of Finance’s (MoF) efforts to exchange knowledge and expertise with international institutions and implement best international financial policy practices.

Both parties discussed relations between the UAE and the World Bank Group in addition to the official invitation for Dr Jim to attend the Government Summit 2016, which will be held between February 8-10, 2016, sent by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Al Tayer provided Dr Jim with an overview of the Government Summit along with a brief idea of the country’s strategy and the UAE government’s vision for the future.