Page 694 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

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2/26/25, 3:44 PM ‘Future of the Economy’ forum discusses transformative trends shaping global economy growth
The first session, titled "Rising of Innovative Industrial Policies", focused on the mechanisms for transitioning towards
innovation-based policies, economic flexibility, and the balance between open markets and national priorities. The session
also highlighted the role of industrial policies in accelerating the transition towards achieving net-zero carbon emissions,
driving innovation and local production, and enhancing the efficiency and flexibility of vital supply chains.
Subsequently, the second panel discussion, titled "The Presence of Regional and Global Multiple Economic Blocs," explored
the significance of major economic blocs in enhancing global trade growth and achieving shared economic benefits for
countries. It shed light on enhancing economic integration, particularly in light of the shifts witnessed globally in recent
years.
During the third session, titled "Growth Prospects for the Regional Economy in 2025," participants shared their insights on
how governments are addressing inflation, energy transitions, climate change, and investment opportunities. They also
discussed the governments' ability to adapt to the new global reality.
Besides, the participants reviewed the latest global trends in future technology and innovation, digital boundaries in finance
and financial services, and the key role played by international financial institutions in bridging investment gaps and
ensuring capital flows across different markets.

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