Arab Monetary Fund (AMF)
Fonds Monétaire Arabe (FMA)
صندوق النقد العربي
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Contact Details
URL: http://www.amf.org.ae/
Facebook: https://www.facebook.com/arabmonetaryfund
LinkedIn: https://www.linkedin.com/company/arab-monetary-fund/
Youtube: https://www.youtube.com/channel/UCpGu2nhWjl1MfeEniAciMiw
Founded
1976-04-27 Rabat Morocco
History
Established on signature of 'Arab Monetary Fund Agreement' by Economy and Finance Ministers of Arab States, following approval, 14 Dec 1975, of D-XD0433 - Council of Arab Economic Unity (CAEU) and, 8 Dec 1975, of the Economic Council of D-XD2903 - League of Arab States (LAS). Commenced operations 13 Feb 1977, when Agreement came into force.
A multilateral aid institution.
Aims
Promote monetary and economic integration development among Arab countries. 'Main Objectives': (1) Correcting disequilibria in the balance of payments of member states. (2) Promoting the stability of exchange rates among Arab currencies, rendering them mutually convertible, and assisting in the elimination of restrictions on current payments between member states. (3) Promoting the development of Arab financial markets. (4) Studying ways to promote the use of the Arab dinar as a unit of account and paving the way for the creation of a unified Arab currency. (5) Coordinating the position of member states in dealing with international monetary and economic problems with the aim of realizing their common interest while, at the same time, contributing to the settlement of world monetary problems. (6) Settling current payments between member states in order to promote trade among them.
Events
16 past events available with paid subscription only.Activities
Available with paid subscription only.Structure
Board of Governors; (meets annually, normally in April); Board of Executive Directors. Departments (currently 6): Economics and Technical; Economic Policy Institute; Investment; Finance and Computer; Legal; Administration. Internal Audit Bureau; Bureau of Director General; F-XF5173 - Arab Trade Financing Programme (ATFP). Serves as secretariat for: E-XE1874 - Arab Committee on Banking Supervision (ACBS); Arab Committee on Payment and Settlement Systems (ACPSS); Council of Arab Finance Ministers; E-XE2603 - Council of Arab Central Banks and Monetary Agencies' Governors (CGACB).
Languages
Available with paid subscription only.Staff
Available with paid subscription only.Finance
Available with paid subscription only.Relations with Inter-Governmental Organizations
Available with paid subscription only.Relations with Non-Governmental Organizations
Available with paid subscription only.Publications
Available with paid subscription only.Members
Available with paid subscription only.Type I Classification
Available with paid subscription only.Type II Classification
Available with paid subscription only.Subjects *
Available with paid subscription only.UN Sustainable Development Goals **
UIA Org ID
XF5515
Last News
2022
** UN SDGs are linked to the subject classification.
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