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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund

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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund

Post by claud39 on Wed Apr 15, 2020 10:29 am

The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund


4/15/2020


The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund 118229




Baghdad today _ 

Baghdad The Central Bank of Iraq announced today, Wednesday, that the Arab Monetary Fund elected the Governor of the Bank, Ali Mohsen Ismail, as Chairman of the Board of Governors of the Fund.

 The Central Bank said, in a statement that it received (Baghdad today) a copy of it, that "the Arab Monetary Fund, and in accordance with its decision No. (1) for the year 2020, the Governor of the Central Bank of Iraq, Ali Mohsen Ismail, was elected Chairman of the Board


ق 2020/04/15 https://baghdadtoday.news/ar/news/116812/ینتخب-العربي-النقد-صندوق 2/4 *The name Post a comment of Governors of the Fund, and the Governor of the Sultanate of Oman, with the Fund , As his .deputy, at its forty-fourth annual session





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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty Arab criticism elects Al-Alaq as Chairman of his Board of Governors

Post by claud39 on Wed Apr 15, 2020 10:31 am

[size=36]Arab criticism elects Al-Alaq as Chairman of his Board of Governors[/size]



 15/04/2020




The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund 141542020_503097Image1




Baghdad - Mawazine News

, The Central Bank of Iraq announced, on Wednesday, the election of its governor, Ali Mohsen Al-Alaq, as chairman of the Board of Governors of the Arab Monetary Fund.

The bank stated in a statement received by / Mawazine News / a copy of it, that "the Arab Monetary Fund, in accordance with its decision No. (1) for the year 2020, was elected Governor of the Central Bank of Iraq, Ali Mohsen Ismail Al-Alaq, as chairman of the Board of Governors of the Fund."

He added, "The Governor of the Sultanate of Oman was elected by the Fund as his deputy in its forty-fourth annual session." 


Ended 29 / h






https://www.mawazin.net/Details.aspx?jimare=95475
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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty The Arab Monetary Fund chooses the Governor of the Central Bank of Iraq as Chairman of its Board of Governors

Post by claud39 on Wed Apr 15, 2020 6:24 pm

 The Arab Monetary Fund chooses the Governor of the Central Bank of Iraq as Chairman of its Board of Governors




04/15/2020



The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund 20194







Economy News _ Baghdad



The Central Bank of Iraq announced, on Wednesday, the selection of the Arab Monetary Fund, its governor, Ali Mohsen Ismail, as chairman of the Board of Governors of the Fund.

The bank said in a statement, "Economy News" received a copy of it, that "the Arab Monetary Fund elected, in accordance with its decision No. (1) for the year 2020, the Governor of the Central Bank of Iraq, Ali Mohsen Ismail, as chairman of the Board of Governors of the Fund."

The statement added that the fund "also chose the governor of the Sultanate of Oman, at the fund, as his deputy, in its forty-fourth annual session."





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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty Iraq elected president of the Arab Monetary Fund governors to renew confidence by overcoming its economic crisis

Post by claud39 on Thu Apr 16, 2020 7:39 am

Iraq elected president of the Arab Monetary Fund governors to renew confidence by overcoming its economic crisis


16/04/2020


The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund 20224


Samir Al-Nassery 

The Board of Governors of the Arab Monetary Fund was elected at its forty-fourth session by its Resolution No. 1 of 2020. The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, was appointed as the Governor of the Fund’s Governors in its new session.

The Arab consensus on choosing the relationship for this important economic site on the Arab and international level is the confirmation and support of an Arab economy that Iraq is able to overcome its current economic crisis in the darkest economic and epidemiological conditions that the countries of the world are passing through, especially the special and accumulated situation that Iraq suffers in the current circumstance and is a renewal determination and hope to achieve economic resilience and success achieved by Iraq during the economic and security impact at in 2014 and falling oil prices by more than 70% and was the focus of the solution is the Iraqi Central Bank in a timely manner through the procedures
and mechanisms of the daily currency Sttnaia according to policy tools and applications of cash.

The renewal of trust by the central Arab banks that are members of the fund with the Iraqi economy and the efforts made by the national economic institutions and in particular the evaluation of the large and distinct role of the Central Bank of Iraq during the past five years at the level of internal construction and development in monetary policy applications and at the level of building strong and
 solid financial and banking relations With the Arab countries and foreign countries, where the institutions were able to achieve clear achievements and contributed to achieving economic resilience, which helped our armed forces achieve the victory victory over terrorism.

Therefore, through neutral, transparent review and analysis and evaluation of the Iraqi economic situation, in particular what has been achieved by the ministries and economic institutions in Iraq from a specialized point of view, facts, evidence and indications have been reached that the Central Bank of Iraq has proven to be the first economic institution through its important achievements in supporting the national economy And strive to achieve economic stability in accordance with his strategy for the coming years.


Most notably the achievement of stability in the exchange rate and the recovery of the Iraqi dinar for more than two years, and due to the curfew and the current conditions, there has been fluctuation and a slight rise in the exchange rate, and the central bank is now making efforts to restore stability during the next few days, enhance the bank liquidity by pumping one trillion dinars, reduce inflation and maintain its rate Less than (2%) and maintaining a sufficient cash reserve of 160% as a cumulative accumulator according to the latest IMF standard with gold reserves within an excellent record rate.


In addition, it adopts standards and controls consistent with the requirements of international standards in compliance and combating money laundering and terrorist financing.

Activating and consolidating new visions for implementing the banking strategy projects until the year 2023. All these achievements were the ones that called on Arab bankers to elect the relationship as president of their council in the new session, which is an embodiment that the Iraqi economy will overcome new shocks, rise and recover, and that this is a tribute to the Iraqi people and their economic, financial and banking institutions.







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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty Iraqi Dinar revaluation postponed by Central Bank for 5 years says MP Noura al-Bajari

Post by claud39 on Thu Apr 16, 2020 7:48 am

[size=39]Iraqi Dinar revaluation postponed by Central Bank for 5 years says MP Noura al-Bajari[/size]

Oct 29, 2014,


The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund %D8%A7%D9%84%D9%86%D8%A7%D8%A6%D8%A8-%D8%B9%D9%86-%D8%A7%D9%84%D9%82%D8%A7%D8%A6%D9%85%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9-%D9%86%D9%88%D8%B1%D9%87-%D8%A7%D9%84%D8%A8%D8%AC%D8%A7%D8%B1%D9%8A



Baghdad (IraqiNews.com) A member of the Parliamentary Economic and Investment Commission, MP Noura al-Bajari, confirmed on Wednesday that the initiative to revalue and delete zeros from the Iraqi Dinar is ready for implementation by the Central Bank although it will be delayed by five years given the political and security situation of Iraq.
In an interview with IraqiNews.com al-Bajari said “The policy to delete zeros from the Iraqi currency is ready to be executed by the Central Bank, however, its implementation will be delayed by 5 years on the basis of the extreme security and political situation of the country.
Al-Bajari said that the head of the Central Bank of Iraq had previously said that this policy from parliament was accepted and that the zeros will be deleted from the Iraqi currency in the next 5 years.

https://www.iraqinews.com/features/iraqi-dinars-project-postponed-5-years-says-central-bank/
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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty Central Bank of Iraq: The project to delete zeros from the currency is still standing

Post by claud39 on Thu Apr 16, 2020 7:54 am

Central Bank of Iraq: The project to delete zeros from the currency is still standing




PM Thursday, October 11, 2018





The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Snqte







The Central Bank of Iraq confirmed that the project to delete the zeros from the Iraqi currency is still ongoing.

The issuance and treasury manager Abdel Karim Hassan Shanoun said that the project to delete the zeros was supposed to start during 2014, but that security incidents and the control of the state over five governorates led to its postponement, indicating that the project would be to delete three zeros from the current currency while creating large currencies and currencies. Metal.


Shannon stressed that the cash circulation currently circulating in the markets is large, amounting to 44 trillion dinars.








https://alrafidain.org/post/22705/%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d9%85%d8%b1%d9%83%d8%b2%d9%8a-%d8%a7%d9%84%d8%b9%d8%b1%d8%a7%d9%82%d9%8a-%d9%85%d8%b4%d8%b1%d9%88%d8%b9-%d8%ad%d8%b0%d9%81-%d8%a7%d9%84%d8%a3%d8%b5%d9%81%d8%a7%d8%b1-%d9%85%d9%86-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a9-%d9%85%d8%a7-%d8%b2%d8%a7%d9%84-%d9%82%d8%a7%d8%a6%d9%85%d8%a7
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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty $ 10 BILLION IN ARAB MONETARY FUND FUNDS SINCE ITS INCEPTION

Post by claud39 on Thu Apr 16, 2020 9:28 am

$ 10 BILLION IN ARAB MONETARY FUND FUNDS SINCE ITS INCEPTION






16/04/2020





The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund 10-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AA%D9%85%D9%88%D9%8A%D9%84%D8%A7%D8%AA-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A-%D9%85%D9%86%D8%B0-%D8%AA%D8%A3%D8%B3%D9%8A%D8%B3%D9%87












The size of the funds provided by the Arab Monetary Fund to 14 countries from its members since its foundation in 1976 until the end of 2019 amounted to about 10 billion dollars, corresponding to 2.4 billion Arab account dinars (the dinar is equivalent to 4.1 dollars), of which loans worth $ 321 million were approved during the past year.




This came in the Fund's annual report, which was launched yesterday from its headquarters in Abu Dhabi on its activities for the past year, after its approval by the Fund's Board of Governors.




The report included the activities of the Fund and the financial position for the fiscal year 2019, including its financial and technical support provided to its member states through the activity of lending and technical aid. In the different economic and financial fields.




Response







The report emphasized that the Fund responded to all funding requests submitted by Arab member states during 2019 to support economic and financial reform programs in them, pointing to the visit of consultations missions from the Fund requesting countries, and it was agreed on a set of reform programs that were supported with the resources of the Fund.




The report pointed out that "Arab criticism" continued its commitment to contribute to the collective effort of Arab financial bodies to provide humanitarian support to the Palestinian people, by allocating 10% of the annual net income to support the sectors of education, health, economic empowerment and women.




He pointed out that the fund intensified its efforts to establish the regional institution for the clearing and settlement of Arab payments, as it was able to make progress in all implementation paths to launch a "brown" platform for Arab payments, in cooperation with central banks, Arab monetary institutions and commercial banks.




He stressed the strategic importance of the report in terms of enhancing opportunities for economic and financial integration in the Arab region, and supporting investment links with the trade partners of its countries in other regions of the world.




approach




The report pointed out that during 2019, the Fund continued its approach in adopting a conservative investment policy and strategy in managing funds and the risks of investment portfolios that contributed to protecting the invested capital, and continuing to achieve positive returns.




The investment fund's activity includes investing its own resources, accepting and investing deposits from member states, and maintaining high levels of balances for this activity, in addition to continuing to implement the Basel III decisions to manage the risks of this activity.




He pointed out that the fund continued its activity in managing investments directly for part of the funds of the Arab Trade Financing Program, and the funds raised in the unified account of specialized Arab organizations, as well as overseeing the managed part from external parties in accordance with their respective investment policy and strategy.




The Fund also continued during 2019 to play its role as a technical secretariat for the Board of Governors of Central Banks and Arab Monetary Institutions, and the Council of Arab Finance Ministers, as one of the methods it uses in order to achieve its goals related to coordination between member countries in the monetary and financial fields, with a view to facing monetary and economic challenges, both international and regional In order to achieve their mutual interests, where the annual meetings of the two councils represent an important framework for discussing a number of issues directly related to the goals of the fund, in addition to the current issues discussed by the two councils.














https://uabonline.org/10-%d9%85%d9%84%d9%8a%d8%a7%d8%b1%d8%a7%d8%aa-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d8%aa%d9%85%d9%88%d9%8a%d9%84%d8%a7%d8%aa-%d8%b5%d9%86%d8%af%d9%88%d9%82-%d8%a7%d9%84%d9%86%d9%82%d8%af-%d8%a7%d9%84%d8%b9/
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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty THE ARAB MONETARY FUND PUBLISHES A STUDY ON "METHODOLOGY FOR CALCULATING THE FINANCIAL SUSTAINABILITY INDEX: AN APPLICATION CASE FOR SOME ARAB COUNTRIES"

Post by claud39 on Thu Apr 16, 2020 10:00 am

THE ARAB MONETARY FUND PUBLISHES A STUDY ON "METHODOLOGY FOR CALCULATING THE FINANCIAL SUSTAINABILITY INDEX: AN APPLICATION CASE FOR SOME ARAB COUNTRIES"




2020-04-15





The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Logo-ar








Financial sustainability levels in five Arab countries have improved in previous years

Ensuring fiscal sustainability in the 2022 horizon requires further intensification of fiscal reforms

 

In line with its continuous efforts to support the decision-making process in the Arab countries, the Arab Monetary Fund issued a study entitled "Methodology for Calculating the Financial Sustainability Index: Application Cases for Arab Countries", which examined the impact of public debt dynamics by calculating the financial sustainability index that shows the extent of the state's ability to Fulfillment of its financial obligations, as the continued deficit in the public budget leads to an increase in public debt, which is involved in bearing the budget for additional burdens to cover the interest of debts, which is reflected again, in the rise of the deficit and then the increase in borrowing, and the rise in interest rates, therefore Decreased levels of economic growth.

The study indicated that measuring the financial sustainability index is considered one of the approved methodologies in identifying the ability of borrowing countries to fulfill their financial obligations, through assessing the effects of the development of macroeconomic variables on the public budget, especially the budget deficit and the public debt rate. With the upward trend of public debt in developing countries, the issue of financial sustainability is receiving more attention by governments and by regional and international financial institutions, for the purpose of assessing developments of public debt that help achieve economic growth appropriate for economic and social development .

The study enabled the application of the "public debt dynamic equation" methodology to estimate the financial sustainability index, which states that in the case of a high rate of public debt (measured by its share in GDP) than the target public debt rate, the government will work to achieve a surplus in the initial balance of the budget During a certain period to ensure a return to the target public debt rate.

In the context of the study, the financial sustainability index was calculated in a number of Arab countries during the period (2013-2018), where it was found that it achieved an improvement in the value of the index, which confirms the positive impact of macroeconomic stability, in addition to the effectiveness of the financial reforms applied during this period. Despite controlling the initial budget deficit in these countries, the increase in public debt interest payments in some countries leads to higher financing needs, and therefore may affect the sustainability of public debt, without adapting the pace of financial reform .

On the other hand, the development of the financial sustainability index was explored during the period (2019-2022), based on a set of assumptions about the macroeconomic variables included in the "public debt dynamic equation", the most important of which are the economic growth rate, inflation rates, interest rates, and public debt rates The target by the government, as it turns out that if these countries continue to pursue the same current fiscal policy, they will register an improvement in the value of the financial sustainability index, but without reaching levels that guarantee financial sustainability, which requires programming additional reforms in the government’s finance for these countries in the long run. 

Average, be it reforms N side of public expenditures and revenues or with respect to the modalities for the preparation and implementation of the budget, and modernization of laws regulating financial and government legislation .

It is worth noting that the most important features of the reforms that Arab countries are working on are to follow up on economic diversification efforts and reforms of the support system and enhance tax revenues and efficiency to meet increased government spending and improve fiscal conditions, perhaps the most important of which is energy subsidy reform and modernization of tax systems. 

On the whole, broader economic reforms include a mixture of spending cuts and the gradual lifting of energy subsidies, as these reforms are issues related to areas such as pricing public utilities, transferring spending to building human capital, and increasing investments in areas attractive to the private sector .

Based on the foregoing, the study concluded that Arab countries have recorded improvement over the past years in terms of gradually moving towards achieving financial sustainability, however, achieving the goal of financial sustainability in Arab countries may need more reforms in government finance, whether it is within the framework of completing the current reforms or in The framework for implementing the financial reform program in the medium term.
 

The full version of the study is available at this link








/[term]/[language]/%D9%85%D9%86%D9%87%D8%AC%D9%8A%D8%A9 %D8%A7%D8%AD%D8%AA%D8%B3%D8%A7%D8%A8 %D9%85%D8%A4%D8%B4%D8%B1 %D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AF%D8%A7%D9%85%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9- %D8%AD%D8%A7%D9%84%D8%A9 %D8%AA%D8%B7%D8%A8%D9%8A%D9%82%D9%8A%D8%A9 %D9%84%D8%A8%D8%B9%D8%B6 %D8%A7%D9%84%D8%AF%D9%88%D9%84 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9.pdf]https://www.amf.org.ae/sites/default/files/research_and_publications/%5Bvocab%5D/%5Bterm%5D/%5Blanguage%5D/%D9%85%D9%86%D9%87%D8%AC%D9%8A%D8%A9%20%D8%A7%D8%AD%D8%AA%D8%B3%D8%A7%D8%A8%20%D9%85%D8%A4%D8%B4%D8%B1%20%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AF%D8%A7%D9%85%D8%A9%20%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%20%D8%AD%D8%A7%D9%84%D8%A9%20%D8%AA%D8%B7%D8%A8%D9%8A%D9%82%D9%8A%D8%A9%20%D9%84%D8%A8%D8%B9%D8%B6%20%D8%A7%D9%84%D8%AF%D9%88%D9%84%20%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9.pdf



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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty THE ARAB MONETARY FUND ISSUES ITS FORTY-FIRST ANNUAL REPORT FOR 2019

Post by claud39 on Thu Apr 16, 2020 10:08 am

THE ARAB MONETARY FUND ISSUES ITS FORTY-FIRST ANNUAL REPORT FOR 2019
2020-04-15







The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Logo-ar








The Arab Monetary Fund, on its official website ( www.amf.org.ae ), launched its annual report on its activities during 2019, which was approved by the Board of Governors of the Arab Monetary Fund after reviewing the Fund's efforts in providing financial and technical support to enhance Economic and financial stability, and achieving comprehensive and sustainable growth in its member states.



The report includes the fund's activity and financial position for the financial year ending on December 31, 2019, including its financial and technical support to its member states through the lending and technical assistance activity, and its contributions in the field of building and developing the capabilities of the official Arab cadres in the ministries of finance and economy, trade and central banks , And statistical structures, through training courses and workshops organized by its Training and Capacity Building Institute. In addition to the efforts made by the Fund within the framework of establishing a regional institution for the clearing and settlement of Arab payments owned by the Arab Monetary Fund, which was launched during the first quarter of this year.



The report also reviews the developments of the investment activity, and the summary of the activity to support and promote inter-Arab trade, in addition to other activities and events organized by the Fund in the various economic and financial fields, with the aim of offering solutions and proposals to meet the various challenges faced by Arab economies, and the exchange of opinions and experiences on contemporary economic issues, including It contributes to supporting economic development efforts in the Arab countries, especially in the financial and banking sector, and the government financial sector. The report also sheds light on the initiatives adopted by the Fund in response to the requirements of technical support for its member states and strengthening the infrastructure of financial and banking systems.



In this context, the Council reviewed the Fund's efforts in the field of lending activity of member states, during the year 2019, as the Fund responded to all requests made by Arab member states, during 2019, to take advantage of the Fund's financial resources to support reform programs in the various economic and financial fields, Where consultations missions from the Fund visited the countries requesting support, and it was agreed on a set of reform programs that were supported with the resources of the Fund. The study and responding to requests from member states to obtain direct support were also studied through the windows of loans that deal with emergency situations in the balance of payments.



In this regard, during the year 2019, the Fund provided loans with a total value of 77.8 million ID, equivalent to about 321 million US dollars, bringing the volume of loans provided by the Fund to its member states since its establishment until the end of 2019, to about 2.4 billion P. The equivalent of about $ 10 billion, from which fourteen member states benefited. The Fund also provided financing to its member states through the Inter-Arab Trade Financing Program. The Arab Monetary Fund also continued its commitment to contribute to the collective effort of Arab financial bodies to provide humanitarian support to the Palestinian people, by allocating 10 percent of the annual net income to support the sectors of education, health, economic empowerment, and women.



The Council also briefed on the Fund's activities in the field of providing technical support to its member states during the year 2019, as these activities covered areas related to developing the infrastructure of the financial and banking sector and government bond markets, and enhancing capabilities in the application of statistical methodologies in force internationally, through The initiatives adopted by the Fund, and cooperates in its implementation with a number of international and regional institutions of common concern. In this regard, the Council reviewed the activities of the Fund within the framework of the initiative to develop statistical capabilities in the Arab countries "Arabsat".



 The technical assistance activity undertaken by the Fund, in the field of supporting the development of the financial and banking sector and Arab capital markets, and strengthening statistical capabilities, was based on a set of axes, the most important of which is to enhance financial inclusion by providing greater opportunities for small and medium-sized companies' access to finance, financial and banking services, In addition to strengthening the procedures and institutional and supervisory frameworks that provide protection for consumers of financial services, working to create conditions for providing long-term financing and developing non-bank financial institutions, and working to develop and revitalize debt instrument markets in local currencies In addition to strengthening the elements of financial stability and banking supervision.



The Council also reviewed the efforts of the Fund in implementing its training programs and activities aimed at enhancing the capabilities of human cadres, working in official institutions in member countries, where during the year 2019 the Fund continued to work on upgrading training activities and updating the scientific content of all training programs presented, and the development of new training programs, according to Needs of the member states. In this context, the year 2019 witnessed an increase in the number of courses, to reach 37 courses, of which 1,110 trainees from Arab official cadres benefited , compared to 29  courses during 2018, which benefited 861 trainees from Arab cadres.



On the other hand, the council discussed the developments of investment activity, as the Fund continued in 2019 its approach in adopting a conservative investment policy and strategy in managing funds and the risks of investment portfolios that contributed to protecting the invested capital, and continuing to achieve positive returns.



 The fund's activity includes investing its own resources, accepting and investing deposits from member states, and maintaining high levels of balances for this activity, in addition to continuing to implement Basel III decisions to manage the risks of this activity. On the other hand, the Fund continued its activity in managing investments directly for part of the funds of the Arab Trade Financing Program, and the funds raised in the unified account of specialized Arab organizations, as well as supervising the managed part from external parties in accordance with their respective investment policy and strategy.



During 2019, the Fund continued to play its role as a technical secretariat for the Board of Governors of Central Banks and Arab Monetary Institutions, and the Council of Arab Finance Ministers, as one of the methods it uses in order to achieve its goals related to coordination between member countries in the monetary and financial fields, with a view to facing monetary and economic challenges, both international and regional In order to achieve their mutual interests, where the annual meetings of the two councils represent an important framework for discussing a number of issues directly related to the goals of the fund, in addition to the current issues discussed by the two councils.
 

In the context of the financial sector, the Fund intensified its efforts to establish the regional institution for the clearing and settlement of Arab payments, whereby the Fund was able to make progress in all implementation tracks to launch a "structures" platform for Arab payments, in cooperation with central banks, Arab monetary institutions, and commercial banks. This project has strategic importance in terms of enhancing opportunities for economic and financial integration in the Arab region, and supporting investment links with the trading partners of Arab countries in other regions of the world.



With regard to the activity of reports, studies and research, the Council reviewed the efforts of the Fund during 2019 in this field, in the context of its continuous efforts to support and assist decision makers and economic policy makers in the Arab countries, as the achievements within this activity included the issuance of the "unified Arab economic report", And the continuation of the issuance of the report "Arab Economic Prospects", in addition to issuing a number of publications, studies and research, which dealt with a number of important economic topics for Arab countries, which were published on the official website of the Fund.



Full report on this link .











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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty K-Card congratulates Al-Alaq on his choice as Chairman of the Board of Governors of the Arab Monetary Fund

Post by claud39 on Thu Apr 16, 2020 1:53 pm

K-Card congratulates Al-Alaq on his choice as Chairman of the Board of Governors of the Arab Monetary Fund





04/16/2020





The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund 9-1559635523250627255













The company "K-Card" congratulated the Governor of the Central Bank of Iraq, Dr. Ali Al-Alaq on the occasion of his election as Chairman of the Board of Governors of the Arab Monetary Fund.
The company confirms that the Central Bank of Iraq has proven its sobriety in the face of major challenges in recent years, qualifying it to be in the most important sites of the Arab financial sector.
Key Card appreciates the presence of Dr. Ali Al-Alaq in this place and wishes him success and success in his upcoming assignments.







https://www.shafaaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D9%83%D9%8A-%D9%83%D8%A7%D8%B1%D8%AF-%D8%AA%D9%87%D9%86%D9%8A%D8%A1-%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82-%D8%B9%D9%84%D9%89-%D8%A7%D8%AE%D8%AA%D9%8A%D8%A7%D8%B1%D9%87-%D8%B1%D8%A6%D9%8A%D8%B3%D8%A7-%D9%84%D9%85%D8%AC%D9%84%D8%B3-%D9%85%D8%AD%D8%A7%D9%81%D8%B8%D9%8A-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A/
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The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund Empty SELECTING THE RELATIONSHIP AS CHAIRMAN OF THE BOARD OF GOVERNORS OF THE ARAB MONETARY FUND

Post by claud39 on Tue Apr 21, 2020 8:49 am

SELECTING THE RELATIONSHIP AS CHAIRMAN OF THE BOARD OF GOVERNORS OF THE ARAB MONETARY FUND






21/04/2020





The Arab Monetary Fund elects the Governor of the Central Bank of Iraq as Chairman of the Board of Governors of the Fund %D8%A5%D8%AE%D8%AA%D9%8A%D8%A7%D8%B1-%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82-%D8%B1%D8%A6%D9%8A%D8%B3%D8%A7%D9%8B-%D9%84%D9%85%D8%AC%D9%84%D8%B3-%D9%85%D8%AD%D8%A7%D9%81%D8%B8%D9%8A-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A








The Governor of the Central Bank of Iraq, Ali Mohsen Ismail Al-Alaq, was chosen as Chairman of the Board of Governors of the Arab Monetary Fund.




A press statement received (Al-Zaman) said yesterday that (the Arab Monetary Fund elected, in accordance with its decision No. 1 of 2020, the Governor of the Central Bank of Iraq, Ali Mohsen Ismail Al-Alaq, as Chairman of the Board of Governors of the Fund).




The statement added that (the Fund also chose the governor of the Sultanate of Oman, at the Fund, as his deputy, in its forty-fourth annual session).




This decision comes (an appreciation for the relationship that the relationship enjoys in management and financial affairs, in addition to its professionalism and accuracy in performing its work in all honesty and sincerity, and it was always the subject of respect for everyone).










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