Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The Arab Monetary Fund sends missions to follow up the implementation of programs in the region

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280170
    Join date : 2012-12-21
    • Post n°1

    The Arab Monetary Fund sends missions to follow up the implementation of programs in the region Empty The Arab Monetary Fund sends missions to follow up the implementation of programs in the region

    Post by Rocky Sun 31 Dec 2017, 3:51 am

    The Arab Monetary Fund sends missions to follow up the implementation of programs in the region
    Last Post: 31-12-2017 09:11 AM    
    Readers
    The Arab Monetary Fund sends missions to follow up the implementation of programs in the region Image
    Baghdad News -
     
     





    The Arab Monetary Fund sent technical missions to several Arab countries to follow up the implementation of economic and financial reform programs supported by previously contracted loans to support economic and structural reform efforts that promote inclusive and sustainable growth and secure employment opportunities. 

    The Fund announced at the end of the meeting of the Board of Directors of the Fund at its headquarters in Abu Dhabi yesterday, under the chairmanship of the Director-General Abdulrahman bin Abdullah Al-Humaidi, to provide two loans to Tunisia in response to a request by the Tunisian government, one of them compensatory to meet the emergency situation in the balance of payments and the second to support a reform program aimed at creating a favorable environment For SMEs.

    The Board reviewed the developments of the Fund's activities during the fourth quarter of the year within the framework of the five-year strategy (2015-2020). The Board reviewed the developments in the investment activity of the Fund Including the activity of acceptance of deposits from central banks and Arab monetary institutions, the performance of investment portfolios, developments in global financial markets, and the measures taken to implement the Fund's strategy in the field of investment ».

    The Council discussed the Fund's activities in the field of developing the financial sector in the Arab countries, through its initiatives, meetings and workshops, which it cooperates with the relevant regional and international financial institutions. The Council was informed of the Fund's activities as part of its efforts to enhance the role of the financial sector in achieving comprehensive and sustainable economic growth, the most important of which is the "High Level Regional Conference on Financing New Projects in the Arab World:

    In its role as the Technical Secretariat of the Board of Governors of Central Banks and Arab Monetary Institutions, the Board reviewed the results of the 15th Annual Meeting of the Arab Committee for Payment and Settlement Systems organized by the Fund on 2 and 3 October in Abu Dhabi to discuss the The most important of which are the risks of electronic piracy and its effects on payment systems, the development of electronic financial transfer centers across borders, the immediate transfers of small payments, the application of check and electronic signature, as well as issues related to prepaid cards and interactive exchange machines, T comprehensive statistics on payment and settlement operations in Arab countries.

    As part of its activity as the Technical Secretariat of the Board of Governors of Central Banks and Arab Monetary Institutions, the Fund organized the twelfth meeting of the Regional Working Group for the Enhancement of Financial Inclusion in the Arab States on 6 th of this month in Jordan, where it discussed a number of important issues and topics, The methodology and implementation phase of the field statistical survey to monitor aspects of the demand for financial services in the Arab countries, the best methodology for financing rural communities, small farmers, producers and craftsmen in the Arab countries, Arab financial inclusion for the year 2018.

    In a related context, on the 11th and 12th of this year in Abu Dhabi, the Fund organized the 30th meeting of the Arab Banking Supervision Committee. The meeting discussed a number of topics, including liquidity risk management, the net fixed financing rate in the Arab countries in accordance with the requirements of Basel III, as well as the treatment of provisions imposed under IFRS 9 for capital adequacy purposes. 

    The committee also discussed the importance of discretionary measures within Basel III, identifying the risks of supporting associated companies and managing them, the legislative and supervisory frameworks and policies for dealing with modern financial techniques, and the subject of supervisory and supervisory procedures towards banks whose initial indicators show their vulnerability to default.

    The Council was briefed on the preparations for the third meeting of Arab finance ministers, scheduled for January 17-18 in Abu Dhabi, to discuss wage bill management in Arab countries, initiatives to develop public-private partnerships in Arab countries, and support policies , As well as the automatic exchange of tax-related financial information.







    • Back to top
      Current date/time is Sun 03 Nov 2024, 7:45 am