The GCC Finance Undersecretaries Committee held its 57th meeting in preparation for the 111th meeting of the GCC Financial and Economic Cooperation Committee of the GCC Finance and Economy Ministers, to be held tomorrow (Tuesday) through video conferencing.

 The Sultanate’s side in this preparatory meeting was chaired by Mohammed Jawad bin Hassan bin Suleiman, Acting Undersecretary of the Ministry of Finance in the presence of a number of specialists.

The meeting reviewed issues and exchanged views on supporting joint economic, financial, monetary and customs work among the GCC states. It also discussed the global economic and financial implications and their reflection on countries, in addition to the precautionary measures taken in light of the low world oil prices and the effects of the novel coronavirus.

The GCC Finance Undersecretaries affirmed the importance of further integrated coordination in order to activate the decisions and put them into practice for the benefit of the GCC citizens and achieve common economic integration. ONA