Saudi Arabia to host the 46th session of Governors of Arab Central Banks Council
The Kingdom, represented by the Saudi Central Bank (SAMA), will host the forty-sixth regular session of the Board of Governors of Arab Central Banks and Monetary Institutions.
It will also host the roundtable workshop accompanying the meeting on “Central Banks’ Digital Currencies and the Future of the Monetary System”, on Sunday and Monday, September 18 and 19, 2022 AD, in Jeddah.
The meeting will witness the participation of many senior officials of the International Monetary Fund and the Financial Stability Board, as well as experts from international institutions and global central banks.
The Governor of (SAMA), Dr. Fahd bin Abdullah Al-Mubarak, expressed his appreciation for the efforts made by the Secretariat of the Board of Governors of Arab Central Banks and Monetary Institutions, whose work is carried out by the Arab Monetary Fund.
In this regard, the officials will discuss during the meeting several main topics, the most important of which are: the global inflationary wave and its repercussions on monetary policy in the Arab countries.
The risks of the repercussions of climate change on the financial sector and banking services will also be discussed.
and the challenges of shifting towards green finance.
The agenda of the meeting will include informing officials of reports on the work of the committees and task forces emanating from the Council, as well as reviewing the fifth edition of the Financial Stability Report in the Arab Countries for the year 2022.
