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HE DR. ABDULRAHMAN BIN ABDULLAH AL-HUMAIDI, DIRECTOR-GENERAL OF THE ARAB MONETARY FUND, ADDRESSES THE FOURTH FORUM OF PUBLIC FINANCE IN THE ARAB STATES: "ESTABLISHING THE FOUNDATIONS OF GOOD GOVERNANCE OF FISCAL POLICY IN THE ARAB COUNTRIES"

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HE DR. ABDULRAHMAN BIN ABDULLAH AL-HUMAIDI, DIRECTOR-GENERAL OF THE ARAB MONETARY FUND, ADDRESSES THE FOURTH FORUM OF PUBLIC FINANCE IN THE ARAB STATES: "ESTABLISHING THE FOUNDATIONS OF GOOD GOVERNANCE OF FISCAL POLICY IN THE ARAB COUNTRIES" Empty HE DR. ABDULRAHMAN BIN ABDULLAH AL-HUMAIDI, DIRECTOR-GENERAL OF THE ARAB MONETARY FUND, ADDRESSES THE FOURTH FORUM OF PUBLIC FINANCE IN THE ARAB STATES: "ESTABLISHING THE FOUNDATIONS OF GOOD GOVERNANCE OF FISCAL POLICY IN THE ARAB COUNTRIES"

Post by claud39 on Sun Feb 10, 2019 8:40 am

https://www.amf.org.ae/ar/content/%D9%85%D8%B9%D8%A7%D9%84%D9%8A-%D8%A7%D9%84%D8%AF%D9%83%D8%AA%D9%88%D8%B1-%D8%B9%D8%A8%D8%AF%D8%A7%D9%84%D8%B1%D8%AD%D9%85%D9%86-%D8%A8%D9%86-%D8%B9%D8%A8%D8%AF%D8%A7%D9%84%D9%84%D9%87-%D8%A7%D9%84%D8%AD%D9%85%D9%8A%D8%AF%D9%8A-%D8%A7%D9%84%D9%85%D8%AF%D9%8A%D8%B1-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-30


HE DR. ABDULRAHMAN BIN ABDULLAH AL-HUMAIDI, DIRECTOR-GENERAL OF THE ARAB MONETARY FUND, ADDRESSES THE FOURTH FORUM OF PUBLIC FINANCE IN THE ARAB STATES: "ESTABLISHING THE FOUNDATIONS OF GOOD GOVERNANCE OF FISCAL POLICY IN THE ARAB COUNTRIES"






2019-02-09





HE DR. ABDULRAHMAN BIN ABDULLAH AL-HUMAIDI, DIRECTOR-GENERAL OF THE ARAB MONETARY FUND, ADDRESSES THE FOURTH FORUM OF PUBLIC FINANCE IN THE ARAB STATES: "ESTABLISHING THE FOUNDATIONS OF GOOD GOVERNANCE OF FISCAL POLICY IN THE ARAB COUNTRIES" Logo-ar








HE Mr. Obaid Humaid Al Tayer, Minister of State for Financial Affairs of the United Arab Emirates, and a number of HE the Ministers of Finance, Central Bank Governors and the Arab Monetary Institutions, Ms. Christine Lagarde, Director General of the International Monetary Fund and a number of heads of senior officials and experts from regional and international financial institutions. HE Dr. Abdul Rahman bin Abdullah Hamidi Director General chairman of the Arab Monetary Fund opening speech at the fourth Forum of public Finance in the Arab countries, which is held this year under the title of " laying the foundations for good governance policy pain Mechanism of the Arab States ", organized by the Arab Monetary Fund in partnership with the International Monetary Fund and in cooperation with the Ministry of Finance in the United Arab Emirates on February 9, 2019 in Dubai.
At the beginning of the speech, His Excellency referred to the expected improvement in the performance of the Arab economies during 2018, reflecting the rise in external demand levels, the increase in world oil prices and the impact of the economic reform programs being implemented in a number of Arab countries. The Arab Monetary Fund forecasts that the growth rate of the Arab countries as a group will be around 2.3 and 3 per cent during 2018 and 2019, respectively.
In a related context, the Minister highlighted a number of challenges faced by the Arab economies at the current stage in terms of achieving comprehensive and sustainable growth, pointing out in this regard the first challenge of the ability to raise the pace of economic growth to levels ranging from five to six per cent, To achieve a significant reduction in unemployment rates. The other challenge is to achieve financial discipline and financial sustainability in order to contain and rationalize the increase in public spending levels, enhance and diversify government revenues, and develop public debt management strategies. Reforms in the coming years would provide financial resources that could be channeled to support economic growth, create more jobs and reduce poverty and unemployment .
He pointed to the importance of enhancing the efficiency and effectiveness of the coordination of the fiscal and monetary policies. Between the two policies and between them and the public debt management strategy, indicating the importance of strengthening the institutional arrangements and implementation mechanisms necessary to achieve coordination between the two policies, particularly with regard to the roles, responsibilities, objectives, and processes of formulation and implementation of such policies.
He also stressed the importance of developing public debt management strategies in the Arab countries, thus enhancing the efficiency and effectiveness of public debt management. He also highlighted the role of the forum in enhancing the exchange of views and experiences on various issues related to fiscal policy in support of comprehensive and sustainable economic growth rates, in order to achieve financial space enabling the Arab countries to activate the structural reforms package at the level of their fiscal policy.
Finally, His Excellency pointed out the importance of the discussions and views that the forum will address in order to enhance awareness of the needs and priorities in the development of fiscal reforms in the Arab countries, thus helping to develop programs and activities, thus harmonizing with these priorities and needs. 
 

[url=https://www.amf.org.ae/sites/default/files/%D9%83%D9%84%D9%85%D8%A9 %D8%A7%D9%84%D9%85%D8%AF%D9%8A%D8%B1 %D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%86%D8%AA%D8%AF%D9%89 %D8%A7%D9%84%D8%B1%D8%A7%D8%A8%D8%B9 %D9%84%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9 %D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9-25012019.pdf]Full text of the word[/url]





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