Jeddah: The Sultanate of Oman, represented by the Ministry of Finance, on Thursday headed the annual meetings of the joint Arab financial institutions and the 45th meeting of the Arab Monetary Fund’s (AMF) Board of Governors, being held in Jeddah, the Kingdom of Saudi Arabia (KSA).
Oman’s delegation was headed by Sultan Salim al Habsi, Minister of Finance. Present at the meetings was Tahir Salim al Amri, Executive President of the Central Bank of Oman (CBO).
In the opening session of the joint financial institutions meetings, Al Habsi lauded the efforts exerted by joint Arab financial institutions in empowering Arab economies to face the economic and social repercussions caused by the coronavirus (Covid-19) pandemic.
In the 45th meeting of the AMF’s Board of Governors, Al Habsi underscored the importance of coordination and compatibility in financial, monetary and economic policies among countries. Those policies are considered the basis in overcoming challenges related to achieving the Sustainable Development Goals (SDGs).