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{Arab Monetary} issues «efficiency of tax collection»


yota691
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Conclusion of the fourth meeting of Arabstat

   
 

 
 


12/11/2017 12:00 am 

Abu Dhabi / Morning follow up

The fourth meeting of the Technical Committee of the Arab Statistics Initiative (Arabstat), hosted by the Arab Monetary Fund (AMF), was recently concluded in Abu Dhabi, with the participation of more than 60 participants from central banks, Arab monetary institutions, finance ministries and statistical agencies in the Arab countries. Regional and international levels.

"The informal sector has seen great importance in the economies of many Arab countries in terms of its contribution to the GDP of between 1 and 25 percent and its ability to create jobs," said Abdul Rahman bin Abdullah Al Humaidi, Managing Director and Chairman of the Fund. In addition to the interest of many regional and international organizations. "
"The focus of the meeting was to identify its specificities in terms of the definitions adopted in the Arab countries, how they were evaluated and taken into account in the preparation of the national accounts, and the challenges facing the Arab countries in its inclusion in the official sector, The conditions of employment and the number of workers, the availability of social protection systems for its employees, in addition to its negative effects as an informal economy that affects primarily the efficiency and productivity of official economic activities.
The Arab Statistics Initiative was launched at the Arab Finance Ministers meeting in Dubai, United Arab Emirates, in April 2013, and mandated the Arab Monetary Fund to assume the secretariat of the Arabstat Technical Committee, which aims to enhance statistical cooperation among Arab countries, , Providing technical advice and assistance and training to statistical institutions, central banks and ministries of finance in the field of statistical work, to meet the challenges for the preparation of economic, financial and social statistics according to the latest methodologies and statistical evidence.

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  • yota691 changed the title to Closure of the second meeting of the Monetary Policy Working Group

Closure of the second meeting of the Monetary Policy Working Group

   
 

 
 


18/11/2017 12:00 am 

Abu Dhabi / morning follow - up 
systems of the Arab Monetary Fund in cooperation with the Bank for International Settlements second joint meeting on monetary policy in the Arab countries , which concluded its work last Thursday in the city of Abu Dhabi , United Arab Emirates. 
The meeting reviewed the economic, financial and international developments and their implications for the management of monetary policy and the banking sector in the Arab countries, as well as discussing a number of technical issues related to the management of liquidity and exchange rate systems. 
The meeting was attended by 51 high-level monetary policy officials representing 23 central and Arab central banks, including 14 central banks and nine international central banks, including the US Federal Reserve and the European Central Bank, as well as senior officials from Arab financial institutions.
The Bank for International Settlements (BIS) was established in 1930. It is the oldest international financial institution with 60 members of central banks representing a number of countries whose combined GDP accounts for about 95 percent of world GDP. 
The Bank for International Settlements aims to support international central banks with the aim of achieving monetary and financial stability and supporting international cooperation in related fields to serve as the Bank of Central Banks.
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21 hours ago, yota691 said:

The meeting reviewed the economic, financial and international developments and their implications for the management of monetary policy and the banking sector in the Arab countries, as well as discussing a number of technical issues related to the management of liquidity and exchange rate systems
The meeting was attended by 51 high-level monetary policy officials representing 23 central and Arab central banks, including 14 central banks and nine international central banks, including the US Federal Reserve and the European Central Bank, as well as senior officials from Arab financial institutions.

 

Looks like a BIG DEAL to me!!!

 

:backflip:       :backflip:        :backflip:

 

Pretty sure they didn't all meet to exchange falafel recipes!!!

 

:o       :o       :o

 

Exchange rates, maybe???!!!

 

Go Moola Nova!

:pirateship:

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47 minutes ago, Synopsis said:

 

Looks like a BIG DEAL to me!!!

 

:backflip:       :backflip:        :backflip:

 

Pretty sure they didn't all meet to exchange falafel recipes!!!

 

:o       :o       :o

 

Exchange rates, maybe???!!!

 

Go Moola Nova!

:pirateship:

 

:bravo: Bring it on,  I’m sure their were a few recipes exchanged, but, the main topic surely discussed in great detail Synopsis.  :lol:

 

 

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  • yota691 changed the title to The Arab Monetary Fund sends missions to follow up the implementation of programs in the region

The Arab Monetary Fund sends missions to follow up the implementation of programs in the region

Last Post: 31-12-2017 09:11 AM
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Baghdad News -

 

 

The Arab Monetary Fund has sent technical missions to several Arab countries to follow up the implementation of economic and financial reform programs supported by previously contracted loans to support economic and structural reform efforts that promote inclusive and sustainable growth and secure employment opportunities. 

The Fund announced at the end of the meeting of the Board of Directors of the Fund at its headquarters in Abu Dhabi yesterday, under the chairmanship of the Director-General Abdulrahman bin Abdullah Al-Humaidi, to provide two loans to Tunisia in response to a request by the Tunisian government, the first compensatory to meet the emergency situation in the balance of payments and the second to support a reform program aimed at creating a favorable environment For SMEs.

"The Board reviewed the developments of the Fund's activities during the fourth quarter of the year in the framework of the five-year strategy (2015-2020)," the Board said in a statement. Including the activity of acceptance of deposits from central banks and Arab monetary institutions, the performance of investment portfolios, developments in global financial markets, and the measures taken to implement the Fund's strategy in the field of investment ».

The Council discussed the Fund's activities in the field of developing the financial sector in the Arab countries, through its initiatives, meetings and workshops, which it cooperates with the relevant regional and international financial institutions. The Council was informed of the Fund's activities as part of its efforts to enhance the role of the financial sector in achieving comprehensive and sustainable economic growth, the most important of which is the "High Level Regional Conference on Financing New Projects in the Arab World:

In its role as the Technical Secretariat of the Board of Governors of Central Banks and Arab Monetary Institutions, the Board reviewed the results of the 15th Annual Meeting of the Arab Committee for Payment and Settlement Systems organized by the Fund on 2 and 3 October in Abu Dhabi to discuss the The most important of which are the risks of electronic piracy and its effects on payment systems, the development of electronic financial transfer centers across borders, the immediate transfers of small payments, the application of check and electronic signature, as well as issues related to prepaid cards and interactive exchange machines, T comprehensive statistics on payment and settlement operations in Arab countries.

As part of its activity as the Technical Secretariat of the Board of Governors of Central Banks and Arab Monetary Institutions, the Fund organized the twelfth meeting of the Regional Working Group for the Enhancement of Financial Inclusion in the Arab States on 6 th of this month in Jordan, where it discussed a number of important issues and topics, The methodology and implementation phase of the field statistical survey to monitor aspects of the demand for financial services in the Arab countries, the best methodology for financing rural communities, small farmers, producers and craftsmen in the Arab countries, Arab financial inclusion for the year 2018.

In a related context, on the 11th and 12th of this year in Abu Dhabi, the Fund organized the 30th meeting of the Arab Banking Supervision Committee. The meeting discussed a number of topics, including liquidity risk management, the net fixed financing rate in the Arab countries in accordance with the requirements of Basel III, as well as the treatment of provisions imposed under IFRS 9 for capital adequacy purposes. 

The committee also discussed the importance of discretionary measures within Basel III, identifying the risks of supporting associated companies and managing them, the legislative and regulatory frameworks and policies for dealing with modern financial techniques, and the subject of supervisory and supervisory procedures for banks whose initial indicators show the possibility of default.

The Council was briefed on the preparations for the third meeting of Arab finance ministers, scheduled for January 17-18 in Abu Dhabi, to discuss wage bill management in Arab countries, initiatives to develop public-private partnerships in Arab countries, and support policies , As well as the automatic exchange of tax-related financial information.

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  • yota691 changed the title to Arab Monetary Review The role of "exchange rate policy" in reducing inflation

Arab Monetary Review The role of "exchange rate policy" in reducing inflation

   
 

 
 


18/1/2018 12:00 am 

ABU DHABI - 
The exchange rate policy, organized by the Institute for Economic Policy in the Arab Monetary Fund in cooperation with the International Monetary Fund (IMF) Center for Economics and Finance in the Middle East, was recently opened in Abu Dhabi and will continue until the 25th of this month. 
A statement issued by the Fund on the Director of the Institute of Economic Policies d. Saud Al-Breikan delivered a speech on behalf of the Director-General of the Arab Monetary Fund, Abdulrahman bin Abdullah Al-Humaidi, in which he said: "The session is of particular importance, highlighting many issues related to the management of economic affairs in the wake of the global financial crisis and the consequent decline in growth Especially in large economies, which has led some countries into recession. " Course Themes



"The course focuses on the fundamentals of the analysis of various exchange rate systems, how to read the international currency and exchange rate indices, as well as ways to determine the adequacy of foreign reserves of countries, the relationship between exchange rate policy and macroeconomic policies, , Basic data from the fixed-to-flexible exchange rate, and currency crisis indicators within the framework of the early warning system. " 
"The global financial crisis has shown that countries that have pursued a sound and disciplined macroeconomic policy have been least affected by the consequences of the crisis, some of which have been reflected in the flow of funds into their economies in the form of foreign direct investment that has contributed to maintaining balanced economic growth in these countries," the statement said. Inflation Control



"The policy of exchange rate is one of the most important policies adopted by countries to maintain the stability of macroeconomic variables, the most important of which is inflation, which is one of the obstacles to economic growth," adding that "control of inflation is through the adoption of a combination of monetary policy and more disciplined, Appropriate exchange rate policy ". 
"The fixed exchange rate policy helps curb inflation, and the flexible exchange rate policy helps absorb external shocks," he said. "The results of adopting such economic policies were evident during many of the economic crises that hit the world economies over the past two decades, Mitigate the negative effects of these crises ". Competitiveness



The statement pointed out that "the flow of capital significantly, in the presence of effective monetary policy, enables countries to avoid the consequences of these flows of high real exchange rates and thus reduce the competitiveness of their exports." 
"Although these flows contribute to an increase in the volume of reserves, the accumulation of reserves may entail costs of interest payments on government bonds that are used to absorb the liquidity left by these flows," he said. Private capital is short-term as this money is often a quick exit. "
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1 minute ago, yota691 said:

Arab Monetary Review The role of "exchange rate policy" in reducing inflation

   
 

 
 


18/1/2018 12:00 am 

ABU DHABI - 
The exchange rate policy, organized by the Institute for Economic Policy in the Arab Monetary Fund in cooperation with the International Monetary Fund (IMF) Center for Economics and Finance in the Middle East, was recently opened in Abu Dhabi and will continue until the 25th of this month. 
A statement issued by the Fund on the Director of the Institute of Economic Policies d. Saud Al-Breikan delivered a speech on behalf of the Director-General of the Arab Monetary Fund, Abdulrahman bin Abdullah Al-Humaidi, in which he said: "The session is of particular importance, highlighting many issues related to the management of economic affairs in the wake of the global financial crisis and the consequent decline in growth Especially in large economies, which has led some countries into recession. " Course Themes



"The course focuses on the fundamentals of the analysis of various exchange rate systems, how to read the international currency and exchange rate indices, as well as ways to determine the adequacy of foreign reserves of countries, the relationship between exchange rate policy and macroeconomic policies, , Basic data from the fixed-to-flexible exchange rate, and currency crisis indicators within the framework of the early warning system. " 
"The global financial crisis has shown that countries that have pursued a sound and disciplined macroeconomic policy have been least affected by the consequences of the crisis, some of which have been reflected in the flow of funds into their economies in the form of foreign direct investment that has contributed to maintaining balanced economic growth in these countries," the statement said. Inflation Control



"The policy of exchange rate is one of the most important policies adopted by countries to maintain the stability of macroeconomic variables, the most important of which is inflation, which is one of the obstacles to economic growth," adding that "control of inflation is through the adoption of a combination of monetary policy and more disciplined, Appropriate exchange rate policy ". 
"The fixed exchange rate policy helps curb inflation, and the flexible exchange rate policy helps absorb external shocks," he said. "The results of adopting such economic policies were evident during many of the economic crises that hit the world economies over the past two decades, Mitigate the negative effects of these crises ". Competitiveness



The statement pointed out that "the flow of capital significantly, in the presence of effective monetary policy, enables countries to avoid the consequences of these flows of high real exchange rates and thus reduce the competitiveness of their exports." 
"Although these flows contribute to an increase in the volume of reserves, the accumulation of reserves may entail costs of interest payments on government bonds that are used to absorb the liquidity left by these flows," he said. Private capital is short-term as this money is often a quick exit. "

 

Thanks Yota

 

Unfortunately, sounds like no RV this month--at least not till after the 25th 

 

 

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3 hours ago, yota691 said:

"The global financial crisis has shown that countries that have pursued a sound and disciplined macroeconomic policy have been least affected by the consequences of the crisis, some of which have been reflected in the flow of funds into their economies in the form of foreign direct investment that has contributed to maintaining balanced economic growth in these countries," the statement said. Inflation Control

"The policy of exchange rate is one of the most important policies adopted by countries to maintain the stability of macroeconomic variables, the most important of which is inflation, which is one of the obstacles to economic growth," adding that "control of inflation is through the adoption of a combination of monetary policy and more disciplined, Appropriate exchange rate policy ". 

 

:backflip:       :backflip:       :backflip:

 

More good news here!!!

 

From the article, I like the terms:

  • Foreign Direct Investment
  • Maintaining Balanced Economic Growth (in these countries)
  • Exchange Rate One Of The MOST IMPORTANT POLICIES
  • Maintain The Stability Of Macroeconomic Variables
  • More Disciplined APPROPRIATE Exchange Rate Policy

Lookin' Good leading up to the Kuwaiti Conference!!!

 

Go Moola Nova!

:pirateship:

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18/1/2018 12:00 am

Abu Dhabi / Follow-up morning
The exchange rate policy, organized by the Institute for Economic Policy in the Arab Monetary Fund in cooperation with the International Monetary Fund (IMF) Center for the Economy and Finance in the Middle East, was recently opened in Abu Dhabi and will continue until the 25th of this month.
A statement issued by the Fund on the Director of the Institute of Economic Policies d. Saud Al-Breikan delivered a speech on behalf of the Director-General of the Arab Monetary Fund, Abdulrahman bin Abdullah Al-Humaidi, in which he said: "The session is of particular importance, highlighting many issues related to the management of economic affairs in the wake of the global financial crisis and the consequent decline in growth Especially in large economies, which has led some countries into recession. "


Course Themes
"The course focuses on the fundamentals of the analysis of various exchange rate systems, how to read the international currency and exchange rate indices, as well as ways to determine the adequacy of foreign reserves of countries, the relationship between exchange rate policy and macroeconomic policies, , Basic data from the fixed-to-flexible exchange rate, and currency crisis indicators within the framework of the early warning system. "
"The global financial crisis has shown that countries that have pursued a sound and disciplined macroeconomic policy have been least affected by the consequences of the crisis, some of which have been reflected in the flow of funds into their economies in the form of foreign direct investment that has contributed to maintaining balanced economic growth in these countries," the statement said.


Inflation Control
"The policy of exchange rate is one of the most important policies adopted by countries to maintain the stability of macroeconomic variables, the most important of which is inflation, which is one of the obstacles to economic growth," adding that "control of inflation is through the adoption of a combination of monetary policy and more disciplined, Appropriate exchange rate policy ".
"The fixed exchange rate policy helps curb inflation, and the flexible exchange rate policy helps absorb external shocks," he said. "The results of adopting such economic policies were evident during many of the economic crises that hit the world economies over the past two decades, Mitigate the negative effects of these crises ".


Competitiveness
The statement pointed out that "the flow of capital significantly, in the presence of effective monetary policy, enables countries to avoid the consequences of these flows of high real exchange rates and thus reduce the competitiveness of their exports."
"Although these flows contribute to an increase in the volume of reserves, the accumulation of reserves may entail costs of interest payments on government bonds that are used to absorb the liquidity left by these flows," he said. Private capital is short-term as this money is often a quick exit. "

http://www.alsabaah.iq/ArticleShow.aspx?ID=151229

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14a9abf5e7354aef8f1cf3223f6a8195_3386463
Knozmedia 
The Arab finance ministers met in Abu Dhabi to exchange ideas and coordination on financial developments and economic and financial reform efforts in the Arab region, as well as preparing for the meeting of the Arab finance ministers to be held next April in Jordan.
The meeting, organized by the Arab Monetary Fund and attended by experts from the International Monetary Fund, the World Bank Group and the Organization for Economic Co-operation and Development (OECD), presented a working paper on wage bill reforms in the Arab countries and the World Bank on strengthening public and private sector partnership development initiatives in countries. In addition to discussing a study on support policies in the Arab countries.
Undersecretary of the UAE Ministry of Finance Younis Haji Al-Khouri confirmed that "the meeting, chaired by the Sultanate of Oman, presented a number of papers that are gaining importance in the field of public finance."
The working paper "Reforming Arab Wage Bills" discussed the criteria adopted for a number of key axes, including enhancing the attractiveness of the private sector, building capacity and developing human resource competencies, as well as reducing the pressure on public funds to achieve sustainability.
The paper included recommendations focused on enhancing knowledge and education, providing the necessary training, achieving flexibility in the labor sector, taking advantage of information technology, adopting innovation in the institutional framework, narrowing the gap between public and private sector jobs and reviewing policies. .
The World Bank Group paper included initiatives to develop the public-private partnership in the Arab States, which drew up a new formulation of the concept of public-private partnership and private sector involvement in financing by adopting a "financing for development" approach, As well as an integrated regulatory framework for the partnership.
The Arab Monetary Fund's working paper entitled "support Policies in the Arab States" discussed the frameworks of the government support systems and their role in the Arab countries and the steps of reform required to reduce the burden of support and move to more efficient alternative means and focus on target groups, especially those with low incomes.
The Arab Monetary Fund prepared a questionnaire to identify the developments of the policy of government support in the Arab countries, including the support of cash, food and supply commodities, housing programs, cash support for governmental and non-monetary institutions and other related fields.
He stressed the need to "review the policies of support and take reform measures and steps to rationalize without harming the low-income to achieve social justice and to promote economic stability, as well as the management of government support in an effective transition to alternative means more efficient delivery of the beneficiaries."
The meeting also discussed a working paper on "International standards for automatic exchange of financial information" issued by the Organization for Economic Cooperation and Development 
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  • 4 weeks later...

http://www.alsabaah.iq/ArticleShow.aspx?ID=151229........

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Arab Monetary Review The role of "exchange rate policy" in reducing inflation

   
 

 
 

18/1/2018 12:00 am 
 
ABU DHABI - 
The exchange rate policy, organized by the Institute for Economic Policy in the Arab Monetary Fund in cooperation with the International Monetary Fund (IMF) Center for Economics and Finance in the Middle East, was recently opened in Abu Dhabi and will continue until the 25th of this month. 
A statement issued by the Fund on the Director of the Institute of Economic Policies d. Saud Al-Breikan delivered a speech on behalf of the Director-General of the Arab Monetary Fund, Abdulrahman bin Abdullah Al-Humaidi, in which he said: "The session is of particular importance, highlighting many issues related to the management of economic affairs in the wake of the global financial crisis and the consequent decline in growth Especially in large economies, which has led some countries into recession. " Course Themes



"The course focuses on the fundamentals of the analysis of various exchange rate systems, how to read the international currency and exchange rate indices, as well as ways to determine the adequacy of foreign reserves of countries, the relationship between exchange rate policy and macroeconomic policies, , Basic data from the fixed-to-flexible exchange rate, and currency crisis indicators within the framework of the early warning system. " 
"The global financial crisis has shown that countries that have pursued a sound and disciplined macroeconomic policy have been least affected by the consequences of the crisis, some of which have been reflected in the flow of funds into their economies in the form of foreign direct investment that has contributed to maintaining balanced economic growth in these countries," the statement said. Control inflation , the statement added , "The exchange rate policy of the most important policies adopted by countries to maintain the stability of macroeconomic variables and the most important of inflation , which is one of the obstacles to economic growth , " explaining that "inflation control is by adopting a combination of the most disciplined monetary and fiscal policies to To adopt an appropriate exchange rate policy. " "The fixed exchange rate policy helps curb inflation, and the flexible exchange rate policy helps absorb external shocks," he said. "The results of adopting such economic policies were evident during many of the economic crises that hit the world economies over the past two decades, Mitigate the negative effects of these crises ". Competitiveness The statement pointed out that "the flow of capital significantly, in the presence of effective monetary policy, enables countries to avoid the consequences of these flows of high real exchange rates and thus reduce the competitiveness of their exports." "Although these flows contribute to an increase in the volume of reserves, the accumulation of reserves may entail costs of interest payments on government bonds that are used to absorb the liquidity left by these flows," he said. Private capital is short-term as this money is often a quick exit. "
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I realize shabibi is gone as the CBI front man he was all about macroeconomics for iraq he even taught it at university level hoping his policies are still intact , have never seen anything stating otherwise since his departure lets go iraq take your currency international you can move forward and so will the investors .......

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52 minutes ago, 3n1 said:

I realize shabibi is gone as the CBI front man he was all about macroeconomics for iraq he even taught it at university level hoping his policies are still intact , have never seen anything stating otherwise since his departure lets go iraq take your currency international you can move forward and so will the investors .......

On occasion ? Shabs shows up in group pictures at Conferences or at Central Bank Celebrations . He's not the front man nor around alot . But I think he is  still an influence 

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  • yota691 changed the title to {Arab Monetary} issues «efficiency of tax collection»

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