Abu Dhabi - United Arab Emirates
Wednesday 25th Nov. 2015
Arab Monetary Fund and Bank for International Settlements Organize a meeting of central banks on Monetary Policy in the Arab Region
The Arab Monetary Fund (AMF), and the Bank for International Settlements (BIS) organize jointly a meeting on Monetary Policy in the Arab region" in Abu Dhabi, United Arab Emirates on 25-26th November 2015. The purpose of this event is to review recent global and regional economic developments and to exchange views on the implications for monetary and financial policies on the economies in the region. The meeting will be attended by participants from 24 central banks and monetary authority agencies, including 16 central banks from the Arab region and 8 central banks from outside the region.
The Arab Monetary Fund is a regional Arab institution, founded in 1976, and has started operations in 1977. The AMF's mission is to lay the monetary foundation of Arab economic integration and to accelerate the process of economic development of its member countries, through providing training and capacity building in topics of interest, as well as financial and technical assistance to member countries to correct balance of payments disequilibria and implement structural reforms towards the modernization of their financial systems, and offering training and technical assistance to banking and monetary institutions in Arab countries with the objective of developing and strengthening their financial markets.
The Bank for International Settlements (BIS) which was established in 1930, is the world's oldest international financial organisation. The BIS has 60 member central banks, representing countries from around the world that together make up about 95 percent of world GDP. The mission of the BIS is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks.
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© Press Release 2015
