Minister of Economy, Central Bank Governor Participate in G-7 Economy, Finance Ministers, Central Banks Governors’ Meetings

On 24 May, in Stratza (Italy), Mr. Abdessalam Ould Mohamed Saleh, the Minister of Economy and Sustainable Development, and Mr. Mohamed Lemine Ould Dhehbi, the Governor of the Central Bank of Mauritania, participated in the meeting of the G7 Ministers of Economy and Financeand central banks governors.

The meeting discussed several issues, including the global participation of artificial intelligence and its contribution to the systems and rational management of global economies, meeting the financing needs of fragile countries, financing development and

initiatives aimed at achieving the Sustainable Development Goals in these countries,  promoting the Alliance for Green Infrastructure in Africa, a strategic investment fund, co-managed by the African Development Bank, which aims to transform concepts into financeable green infrastructure projects quickly and at scale, and developing green infrastructure projects to generate a financial return.

It also discussed the issue of cross-border payments, a strategic objective that aims to find and create global systems based on governance and a set of specific requirements, rules, and standards that govern the relationships between participants and related business rules, promote

opportunities for global economic and financial integration, and support global investment between partners.

The G-7 economy and finance ministers and central bank governors were joined by the African Union, the European Union, the President of the European Central Bank, the President of the World Bank Group, the President

of the African Development Bank Group, the Managing Director of the International Monetary Fund, and the Secretary General of the Organization for Economic Co-operation and Development.

The G-7 industrialized countries include the United States, Great Britain, Germany, France, Italy, Canada, and Japan.