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ABU DHABI / WAM
The Board of Executive Directors of the Arab Monetary Fund on Thursday held its 181st meeting to discuss activities in the first quarter of 2016 as part of its five-year strategy 2015-2020 for lending. The board also discussed the activities of the fund’s technical teams working in some Arab countries on carrying out agreed reform plans that are supported by loans from the regional lender.
The Abu Dhabi-based fund finances balance of payments deficits and facilitates the general development of financial markets in its 22 member countries.