THE ARAB MONETARY FUND IS ORGANIZING A HIGH-LEVEL "REMOTE" WORKSHOP ON THE ECONOMIC RECOVERY IN THE POST-CORONA PANDEMIC CRISIS

by **claud39** Tue Feb 09, 2021 10:13 am

THE ARAB MONETARY FUND IS ORGANIZING A HIGH-LEVEL "REMOTE" WORKSHOP ON THE ECONOMIC RECOVERY IN THE POST-CORONA PANDEMIC CRISIS

2021-02-08

The role of macroeconomic and precautionary policies in the recovery phase

The importance of the digital economy and responsible finance

The main systemic risks to financial stability in the recovery phase

The role of central banks and supervisory authorities in encouraging productive sectors to support the economy

Determine the most appropriate timing for the gradual withdrawal of support beams

Optimal methodology for rebuilding capital margins and liquidity

Tests of stressful situations in the post-crisis phase

Today, Monday, February 8, 2021, a high-level workshop will open at the level of Excellencies, Deputy Governors of central banks and Arab monetary institutions, which will be held "remotely". The organization of this workshop, organized by the Arab Monetary Fund, comes in recognition of the importance of the current economic, financial and monetary issues in preparation for the recovery phase, and the necessary review of central banks' policies and precautionary frameworks. The workshop will be attended by experts from a number of international institutions, such as the International Monetary Fund, the World Bank, and the Financial Stability Board.

The workshop includes discussing a number of issues of concern to financial stability and the role of central banks in the recovery phase, including the role of fiscal, monetary and macro-prudential policies at this stage, and coordination between economic policies. Discussions also deal with risk management, challenges facing the banking sector, ways to enhance the strength of the sector in the recovery phase, and reduce systemic risks. The workshop also covers other topics, such as the impact of fluctuations in global and local financial markets on financial stability, and the role of the digital economy and responsible financing in the post-crisis phase.

In the same context, the workshop reviews the most prominent systemic risks that threaten financial stability in the post-crisis phase, the requirements for encouraging productive sectors to support economic growth, in addition to determining the most appropriate timing for the gradual withdrawal of support packages, and what is the best method for rebuilding capital and liquidity margins, in addition to identifying On the tests of stressful conditions in the post-crisis phase. Finally, the discussions touch on the role of regional and international institutions in supporting the efforts of the authorities in the Arab countries in the recovery phase.

On this occasion, His Excellency the Director General, Chairman of the Board of Directors of the Fund, Dr. Abdul Rahman bin Abdullah Al-Hamidi, expressed his happiness for the continuation of the dialogue at the level of senior officials from Arab central banks with the participation of experts of international financial institutions and frameworks to discuss the most effective ways and policies that would enhance the economic recovery of Arab countries For the post-Corona pandemic crisis, wishing the two all success and success.

https://www.amf.org.ae/ar/content/%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%8A%D9%86%D8%B8%D9%85-%D9%88%D8%B1%D8%B4%D8%A9-%D8%B9%D9%85%D9%84-%D8%B9%D9%86-%D8%A8%D8%B9%D8%AF-%D8%B1%D9%81%D9%8A%D8%B9%D8%A9-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D9%88%D9%89-%D8%AD%D9%88%D9%84-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%81%D9%8A-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D9%84%D9%85%D8%B1%D8%AD%D9%84%D8%A9-%D9%85%D8%A7-%D8%A8%D8%B9%D8%AF