Arab Today, arab today gcc central banks chiefs review monetary council issues
Last Updated : GMT 21:21:01
Arab Today, arab today
Arab Today, arab today

GCC central banks chiefs review monetary council issues

Arab Today, arab today

Arab Today, arab today GCC central banks chiefs review monetary council issues

Riyadh - Kuna

The governors of Gulf Cooperation Council (GCC) Central Banks convened the 12th meeting of the Board of the GCC Monetary Council here Monday to continue discussions on the corporate and institutional structure of the council, with Governor of Kuwait Central Bank Sheikh Salem Abdelaziz Al-Sabah taking part. The meeting is presided by Governor of Saudi Arabian Monetary Agency Dr. Muhammad Bin Sulaiman Al-Jaser, who serves as the Chairman of the Board of the GCC Monetary Council, and the agenda in general discusses progress on main objectives and developments towards launch of a GCC central bank. The agenda includes a meeting of the board with heads of census bodies of council member states to discuss development and fine-tuning of census procedures and systems to help with GCC economic and monetary integration. As stated by article 10 of the statute of the council, six meetings at least are held each year. Qatar had hosted the last meeting in September. Governor of Saudi Arabian Monetary Agency and Chairman of the Board of the GCC Monetary Council Al-Jaser had stressed, in remarks at the conclusion of the Doha meeting, the keenness to continue the pursuit of a joint GCC currency, despite the global debt crisis, but gave no timetable. \"The press in the only place there is doubt in this regard,\" he had stressed. \"There is no delay; as we have said before, there is no specific date for the launch of the GCC currency.\" He pointed out technicalities such as \"data still to be compiled ... citizens and state bodies must come to a full understanding of the requirements of the project ... and though there is no deadline, we are on the right path; slow but sure.\" Four out of six countries have agreed to the joint currency project; Saudi Arabia, Kuwait, Bahrain, and Qatar. Though experts point out notable development towards this aim, they believe launch of the joint currency is still a rather distant aim.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today gcc central banks chiefs review monetary council issues Arab Today, arab today gcc central banks chiefs review monetary council issues

 



Arab Today, arab today
Arab Today, arab today Reveals his participation in "Fashion Star" TV show

GMT 12:49 2017 Wednesday ,01 March

Reveals his participation in "Fashion Star" TV show
Arab Today, arab today Egyptair and Etihad Airways sign partnership

GMT 21:08 2017 Wednesday ,01 March

Egyptair and Etihad Airways sign partnership
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN report confirms war crimes were committed

GMT 20:43 2017 Wednesday ,01 March

UN report confirms war crimes were committed
Arab Today, arab today NUMP's conference to discuss proplems

GMT 13:40 2017 Wednesday ,01 March

NUMP's conference to discuss proplems
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Lasers flesh out dino-bird profile

GMT 12:24 2017 Wednesday ,01 March

Lasers flesh out dino-bird profile
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Najla Badr will participate in “30 Days” drama

GMT 06:23 2017 Monday ,27 February

Najla Badr will participate in “30 Days” drama
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:54 2017 Wednesday ,01 March

Shanghai expands public smoking ban

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom,China plunges into biz

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:27 2017 Wednesday ,01 March

GSMA: 5 billion mobile phone users in 2017

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday