By Al Bayan newspaper
How do you foresee the impact of the unified GGC currency on UAE’s economy?
It will have a positive impact on all GCC countries economies. The currency is a federal issue, and the UAE has been very enthusiastic about the unified currency and showed interest in hosting the GCC Central Bank. By Al Bayan newspaper
How do you evaluate the experience of the women whom you empowered to assume administrative and legislative roles in the UAE?
The experience has been very successful and most of those women have demonstrated remarkable commitment and significant competency in performing their duties and fulfilling their responsibilities. They have also proven that the UAE woman is completely reliable and worthy of trust in all leadership and non-leadership positions.
By Al Bayan newspaper
What was the response of the UAE health authorities following your direct criticism of doctors’ professional competencies and your urging that medical services across the country be enhanced?
There has been remarkable progress in quality of health care services, which still fall short of our expectations. I totally appreciate that pulling together loose ends to rectify mixed processes accumulated over long years takes time. Yet, efforts are now underway to develop the healthcare sector and work is progressing in the right direction. Competition resulting from the growing presence of private healthcare organizations has reflected positively on the overall medical performance in the country. I believe all private=2 Oand public sector doctors will live up to international best practices very soon.
Emirates Business 24/7
There has been increasing federalism in the handling of the financial needs of the Emirates, which has been hailed as a good step forward. How do you see this evolving in future?
The UAE follows unified legislative, financial and fiscal systems. Federal authorities, led by the UAE Central Bank and the Ministry of Finance, assume full responsibility of developing and implementing these systems. Measures adopted by the UAE government in response to the global financial crisis only reflect conditions of the UAE market, which has been around for the last 35 years since the Fiscal Council was first established. The UAE government’s swift action to address impacts of the global financial crisis has amazed many people. It is important to remember that the UAE’s response to previous crises, such as the real-estate crisis of the early 1980s, has always been carried out at the federal level. The increased federalism that you refer to in your question is yet another proof that the federation is getting stronger.
Emirates Business 24/7
Many laws including the Federal Companies Law have been under scrutiny for a long time. Do you feel there is a need for faster amendments to federal laws to meet today’s economic and social needs of the country?
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