H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund (AMF), signed a Memorandum of Understanding with the Latin American Reserve Fund (FLAR) on the sidelines of the Spring Meetings of the International Monetary Fund and the World Bank, held in Washington, D.C.
The MoU aims to strengthen cooperation between the two institutions in several key areas, including the exchange of expertise on economic policies, support for the global financial safety net, collaboration on capacity building, statistics, and technical assistance, as well as the preparation of joint economic studies.
H.E. Dr. Alturki affirmed that this partnership aligns with the AMF’s strategic approach to expanding its relationships with regional and international financial institutions, thereby enhancing its role in supporting financial stability and achieving sustainable development in Arab countries.