ID :
488076
Wed, 04/11/2018 - 16:21
Auther :

Governor Of The Central Bank Participates In The Meeting Of The Governors Of The Arab Monetary Fund

Baghdad, Iraq (NINA) -The Governor of the Central Bank Ali Mohsen Ismail Al-Alak, representing Iraq, participated in the 41st annual meeting of the Board of Governors of the Arab Monetary Fund held in the Dead Sea area of the Hashemite Kingdom of Jordan. The central bank said in a statement that "a number of important issues were discussed during the meeting, notably the Arab settlement and clearing system, which will provide an environment for financial transfers between Arab countries, thus promote Arab trade and inter-Arab economic integration." For its part, the Fund paid great attention to the achievement of cooperation and exchange of experiences in the field of monetary policies among the Arab countries and coordination of their positions in international forums and meetings as well as strengthening coordination between central banks and Arab monetary institutions in various fields related to the work of these banks. The Fund also stressed the assistance in exchanging experiences between central banks, and thus these steps will achieve monetary cooperation between Arab countries in order to reach a common formula in the construction of monetary policies./ End

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