Governor of the Central Bank of Iraq participates in the meeting of Governors of the Arab Monetary Fund
April 10, 2018
The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail and his accompanying delegation represented Iraq with the Ministry of Finance at the 41st annual meeting of the Board of Governors of the Arab Monetary Fund held in the Dead Sea area of the Hashemite Kingdom of Jordan for the period 10-11 April 2018.
During this meeting, a number of important topics were discussed. The most important of these was the system of settlements and clearing for Arab payments, which would provide an environment for financial transfers between the Arab countries and thus enhance Arab trade and Arab economic integration.
For its part, the Fund has paid great attention to the achievement of cooperation and exchange of experiences in the field of monetary policies among the Arab countries and coordination of their positions in international forums and meetings as well as strengthening coordination between central banks and Arab monetary institutions in various fields related to the work of these banks.
He also stressed the assistance in exchanging experiences and experiences between central banks, and thus these steps will achieve monetary cooperation among Arab countries in order to reach a common formula in the construction of monetary policies.