The Arab Monetary Fund (AMF) has conducted an important study titled "Impacts of Financial Inclusion on Human Capital Development in the Arab Region." The study sheds light on financial inclusion’s significant role in promoting human capital development, a key driver of economic growth, in Arab countries.

Financial inclusion has emerged as a crucial policy objective in numerous countries, particularly the developing world. The AMF's study examines the nexus between financial inclusion and human capital development over 15 years from 2004 to 2019, focusing specifically on Arab countries.

Human capital, which encompasses the economic value of an individual's skills, knowledge, and health, has long been recognized as a catalyst for sustained economic growth and social inclusivity. Investing in people's education, health, and well-being has proven instrumental in driving economic development and creating more inclusive societies.

As part of its efforts to assist policy-makers in Arab countries, the Arab Monetary Fund has released the 18th edition of its "Arab Economic Outlook" report, which contains projections of the overall economic performance of Arab countries on multiple levels for the years 2023 and 2024.

Abu Dhabi, 26 May 2023: The Arab Monetary Fund (AMF) extended a new ordinary loan to the Hashemite Kingdom of Jordan, with an amount of Arab Accounting Dinar 12.79 million, the equivalent of approximately USD 51 million to support the economic reforms implemented by the kingdom. The disbursement of the loan was processed through “Buna”, the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization “ARPCSO”, owned by The Arab Monetary Fund “AMF.” It cements its position as a reliable partner for central banks and financial institutions. 

The Arab Monetary Fund (AMF) extended a new Ordinary Loan to the Hashemite Kingdom of Jordan, with the amount of Arab Accounting Dinar 12.79 million, the equivalent of approximately USD 51 million. The loan agreement was signed on Monday, May 15, 2023, by H.E. Dr. Mohammad Al-Ississ, Minister of Finance, on behalf of Hashemite Kingdom of Jordan, and H.E. Dr. Abdulrahman A. Al Hamidy, Director General Chairman of the Board of Executive Directors of the AMF, on behalf of the AMF, with the aim to avail financial resources to support the country’s financial position and its efforts to implement economic and financial reforms.