The International Monetary Fund and the Arab sign MoU
The International Monetary Fund and the Arab sign MoU
4/22/2015 0:00
WASHINGTON (Reuters) –
signed IMF chief Christine Lagarde with the Director General Chairman of the Arab Monetary Fund Management Abdul Rahman bin Abdullah Al Hamidi in Washington a memorandum of understanding for closer cooperation between them to respond more effectively to the needs of Member States involved.
She said Lagarde after the end of the signing ceremony: “This Agreement will document our partnership with the Arab Monetary Fund, and allow us to benefit from his vast experience in the issues facing the region. It also demonstrates our strong commitment to the promotion of participation in the efforts of the region’s countries through policy advice and capacity development. ”
The share of the Arab Monetary Fund with the International Monetary Fund in goals maintain financial and macroeconomic stability, and support opportunities to achieve overall economic growth, and job creation in the Arab region, as well as to support efforts in the area of capacity building.
In turn, said Hamidi said that “supporting capacity development in our member countries occupy a permanent place among the top priority. long and cooperation The firm with the International Monetary Fund was always succeed, and we are pleased to take this step to strengthen and strengthened in order to better respond to the needs of our member subscribers. ”
The memorandum of understanding to continue the Arab Monetary Fund and the International Monetary Fund to provide training opportunities for Arab officials, and support efforts to develop the top markets local money in the Arab countries, and closer cooperation on Arab Statistics Initiative (Arbstadt), which aims to establish a statistically efficient systems in the region.
The parties also intend to cooperate in joint analytical work to be guided by the finance ministers and central bank governors in the Arab countries, in addition to organizing high-events level on issues of common concern and priority for the region.
alsabaah.iq
