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Head of the International Monetary Fund visiting Dubai
United Arab Emirates-Regional, Economics, 3/13/1999
United Arab Emirates Minister of Finance and Industry Sheikh Hamdan bin Rashid al-Maktoum received yesterday Michel Camdessus, head of the International Monetary Fund.
During the meeting, they reviewed the international economic situation, the efforts exerted by the International Monetary Fund to filling the gas shortage affecting the economy of the third world countries, especially the Asian countries, which lately suffered great economic losses which had a negative impact on the international economy.
Sheik Hamdan also reviewed the effects of the reduction of prices in the international markets on the economies of the petroleum-exporting countries, especially the effects on development plans.
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