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May 27, 2023
In the context of the new ordinary loan of approximately USD 51 Million, extended by The Arab Monetary Fund (AMF) to the Hashemite Kingdom of Jordan
The disbursement of the loan has been processed through “Buna” Payment platform, which facilitates cross-border payments in multiple currencies.
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May 24, 2023
The Arab Monetary Fund (AMF) extends a new Ordinary Loan to the Hashemite Kingdom of Jordan
The Arab Monetary Fund (AMF) extends 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 KingdomThe AMF has completed the linking of Central Bank of Jordan to “Buna Platform”, which the...
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May 11, 2023
Buna launches a new service establishing a more accessible and more secure foreign exchange (FX) market
The new service provides financial institutions participating in Buna with an open marketplace to make FX deals directly between each other and enables safe and secure settlement of the resulting transactions in Buna.
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May 05, 2023
Buna holds its 41st virtual workshop
The workshop will explore the status of Central Bank Digital Currencies (CBDCs) current initiatives and their outlookThe workshop will host high-level guest speakers from the Bank of International Settlement (BIS), Banque de France, Banca d’Italia and SWIFT, among othersMore than 200 senior officials will attend the workshop, representing...
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May 01, 2023
The Arab Monetary Fund issues Its annual report for the year 2022
The Fund keeps delivering on the strategy it has adopted to be the closest partner to the Arab countriesThe Fund granted three additional loans to Arab countries in 2022 totaling around 120 million Arab dinars, or about 478.5 million dollars, to support emergency funding needs and the implementation of economic and financial reformsIn 2022, the...
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Latest Arab World's Economic News and Financial Status
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Events
The events and workshops organized by the Arab Monetary Fund
Initiatives and Work Groups
Committees and Work Groups emanating from the Board of Governors of Arab Central Banks and Monetary Institutions
The Arab Committee on Banking Supervision
The Arab Committee on Banking Supervision (ACBS) was established in 1991 by the Council of Governors of Arab Central Banks and Monetary Agencies.
The Arab Committee on Payment and Settlement Systems
The Council of Governors of Arab central banks and monetary agencies decided in its 2004 annual meeting, to establish the Arab Committee on Payment and Settlement Systems (ACPSS).
The Arab Committee on Credit Information
The Council of Arab Central Banks and Monetary Authorities’ Governors decided in 2015 to establish the Arab Committee on Credit Information.
Financial Stability Task Force
The Council of Arab Central Banks and Monetary Authorities’ Governors decided in 2014 to establish, the Financial Stability Task Force (FSTF). The Task Force is composed mainly of Directors in charge of financial stability issues at Central Banks in the region and meets at least twice a year
Arab Financial Inclusion Task Force
The main objective of the Task Force is to contribute to the ongoing efforts to increase financial inclusion in the Arab countries, by assisting national authorities in strengthening their regulations and instruments to expand financial services coverage, enhance financial awareness in the Arab region...
Arab Regional Fintech Working Group
A working group comprising technicians and experts from the Arab countries from the public and private sectors in addition to experts from regional and international financial institutions, service providers and leading organizations in Fintech industry at the international level.
The Financial Inclusion for the Arab Region Initiative (FIARI)
FIARI is a key driver for increasing financial inclusion and translating the willingness of the Arab Monetary Fund to strengthen the technical assistance and the capacity development to support member states and make efforts to provide financial services to Arab countries.
Arab Debt Market Development Initiative
The initiative to develop debt markets in Arab countries is a joint project between the Arab Monetary Fund (AMF) and the International Monetary Fund (IMF), which aims to promote and enhance the functioning of both, government and private, debt markets in the Arab countries.
ArabStat Initiative
The Arab initiative has for mission to assist Arab countries to strengthen, improve and adapt their statistical system and also involves the promotion and harmonization of statistics among Arab countries through the use of identical methodologies, concepts, definitions and classifications.
Digital Economy
The Arab Monetary Fund focuses on implementing a set of qualitative activities and interventions with a strategic dimension in the areas of the digital economy related to the Fund's work and its establishment agreement.