The meeting is chaired by H.E. Amina Mirghani Hassan, Governor of the Central Bank of Sudan and Chair of the current session of the Council. It is attended by members of the Permanent Council, H.E. Ambassador Dr. Ali bin Ibrahim Al Maliki, Assistant Secretary-General and Head of the Economic Affairs Sector at the League of Arab States, and H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund.

 

The meeting will discuss a number of priority topics, including financial stability and macroprudential policy, the role of monetary policy in enhancing export competitiveness, progress in implementing the Comprehensive Instant Payment Initiative, the restructuring of the governance framework of Buna, the Regional Institution for the Clearing and Settlement of Arab Payments, and a proposal to establish an Artificial Intelligence Working Group. Participants will also review progress in preparing the Arab Financial Stability Report and the Joint Arab Economic Report, in addition to considering the report of the Council Secretariat.

 

The meeting discusses a number of key topics related to enhancing the readiness of Arab financial systems to manage climate-related risks, developing national sustainable finance frameworks, and strengthening the role of financial markets and financial innovation in expanding green and sustainable finance.

In his opening remarks, Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund, stressed the importance of strengthening regional cooperation, exchanging expertise, and building capacities to support the development of sustainable finance ecosystems across Arab countries, thereby contributing to economic stability and sustainable growth.

He also reaffirmed the Arab Monetary Fund’s commitment to continuing its support for member countries through the development of regional initiatives, the provision of technical advice, and capacity-building efforts, with the aim of enhancing the resilience of the Arab financial sector and its ability to adapt to future challenges and developments.

In this context, H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund, emphasized the importance of continuing to hold such workshops in light of ongoing global economic and financial challenges, as well as the relative increase in public debt levels resulting from regional and international developments and the need to support economic activity. 

His Excellency noted that the workshop forms part of the Fund’s efforts to support Arab countries in enhancing the efficiency of public debt management and strengthening institutional and technical capacity building, in line with the Fund’s vision to support economic stability and sustainable growth in the Arab region.