The Arab Monetary Fund (AMF) is organizing today, Monday, 6 July 2026, in Abu Dhabi, the Permanent Council Meeting of the Council of Arab Central Banks and Monetary Authorities Governors, as part of the preparations for the Council's 50th Session, scheduled to be held on 29 September 2026. The meeting will discuss the priorities of Arab monetary and financial cooperation.
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.
On this occasion, H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund, stated that the Permanent Council Meeting reflects the commitment of Arab central banks and monetary authorities to strengthening coordination and advancing joint policies and initiatives, thereby supporting monetary and financial stability and enhancing the readiness of the Arab financial sector to respond to evolving economic and technological developments.
H.E. also reaffirmed the Arab Monetary Fund's continued commitment, in its capacity as the Technical Secretariat of the Council, to supporting the work of the Council, its committees, and working groups, thereby contributing to the advancement of Arab monetary and financial cooperation. He also expressed his appreciation to the United Arab Emirates, the host country of the Fund, for its continued support and the facilities it provides, enabling the Fund to effectively carry out its mandate.