The 49th Annual Meeting of the Council of Arab Central Bank Governors and Monetary Authorities opened Wednesday in Tunis, bringing together top financial leaders to address pressing challenges such as trade wars, cybersecurity threats, and regional monetary cooperation.
Hosted by the Central Bank of Tunisia and organized by the Arab Monetary Fund (AMF), the high-level gathering was inaugurated by Mishkat Al-Khaldi, Minister of Finance. Also in attendance were Mr. Burai Al-Siddiq Ahmed, Governor of the Central Bank of Sudan and current Chair of the Council, and Dr. Fahad M. Alturki, Director General and Chairman of the Board of the AMF.
The meeting featured in-depth discussions on the impact of trade tensions on economic stability and the critical role of monetary policy in navigating global uncertainty. Participants also examined strategies to strengthen cybersecurity protections across the Arab financial sector and reviewed ongoing efforts to implement the Arab Instant Payments Initiative.
Additional agenda items included reviews of regional financial stability reports and preparations for the upcoming Joint Arab Statement to be delivered at the IMF and World Bank Annual Meetings.
In his remarks, Dr. Alturki thanked the Central Bank of Tunisia for hosting the event and emphasized the importance of collective action. “Arab cooperation is essential in confronting today’s complex economic and monetary challenges,” he stated.
Tunisia aspires to establish itself as a new financial hub on a regional and even international scale, Central Bank of Tunisia (BCT) Governor Fethi Zouheir Nouri said.
The meeting concluded with a reinforced commitment to enhance policy coordination and financial resilience across the Arab region.
TunisianMonitorOnline (NejiMed)
