The Arab Monetary Fund (AMF) has published its 2024 Annual Report, outlining the institution’s continued efforts to support its member states throughout a year marked by significant regional and global challenges. The Board of Governors approved the report, which highlights key achievements reflecting the Fund’s commitment to promoting financial and economic stability and fostering inclusive and sustainable growth across the Arab region.
The report provides a comprehensive overview of the AMF’s financial and technical activities during the year. It includes the provision of financial assistance to several member countries, underscoring the Fund’s active role as a responsive lender aligned with development priorities. The AMF also offered specialized technical advice, studies, and economic analyses, reaffirming its position as a respected knowledge partner in shaping sound financial and economic policies in the region.
The report also sheds light on the AMF’s growing strategic role in reinforcing financial sector stability and advancing economic integration, further establishing its standing as a key partner in the region’s shared development goals. The AMF’s commitment to human capital development was also emphasized, with 75 training programs delivered in 2024, benefiting over 2,336 participants from various official institutions—highlighting the Fund’s leading role in institutional capacity-building.
Amid fast-evolving global dynamics, the report emphasized the AMF’s agile and timely responses in supporting its member states through financing, advisory, and technical assistance. It also outlined the AMF’s new strategic directions and recent updates to its organizational structure, aimed at enhancing its developmental impact.
The report also highlighted AMF’s efforts to improve financial sector efficiency through the promotion of modern technologies. It underscored its role through its regional payment platform, Buna, which facilitates cross-border payments and connects Arab banking systems with global partners. The AMF further strengthened intra-Arab trade through the Arab Trade Financing Program, with funded transactions totaling approximately USD 1.033 billion during the year—boosting the competitiveness of Arab exporters.
In closing, the Arab Monetary Fund reaffirmed its dedication to inclusive economic development by leveraging its role as a regional financial, advisory, and training institution that brings together deep expertise, strategic vision, and institutional empowerment.
The full report is available on the AMF website at the following link:
https://www.amf.org.ae/ar/publications/altqryr-alsnwy/altqryr-alsnwy-2024