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ABU DHABI, 25th February, 2023 (WAM) -- Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, headed the UAE delegation participating in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in 2023. Held for the first time under the Indian presidency in Bengaluru, the meeting discussed the progress under the G20 priorities set by the Indian presidency for the year 2023 in light of the current global challenges, and means of bolstering international cooperation to advance the G20 priorities and goals.The...

The UAE’s economy continues to withstand global effects, where we expect to achieve 4.2 per cent of non-oil economic growth by the end of this year, said Mohamed Hadi Al Hussaini,

The Deputy Prime Minister explained at length why the GST hike is necessary.

People have been trying to dodge paying taxes since time immemorial, but globalisation has turned tax avoidance and evasion, as well as money laundering, into a lucrative business model. Over the past few decades, offshore tax havens such as the Cayman Islands, Bermuda, Cyprus, and Ireland have enabled corporations and wealthy individuals to conceal profits and private wealth on an unprecedented scale.

The Online Citizen Asia Louis Chua calls for measures in Budget 2023 to support families and make taxation more equitable Parliament