The 50th Annual Meeting of the Council of Arab Central Banks and Monetary Authorities’ Governors
Published on 30-Sep-2026
The Council of Governors of Arab Central Banks and Monetary Authorities held its 50th ordinary session in Abu Dhabi on September 29, 2026, with the participation of UASA, represented by its Secretary General, participating as an observer.This 50th milestone session coincided with the Golden Jubilee of the Arab Monetary Fund, celebrating fifty years since its establishment. The session was chaired by the Governor of the Central Bank of Syria, Mohammad Safwat Raslan, with discussions focusing on enhancing the resilience of Arab economies amidst current global shifts and advancing frameworks for joint monetary and financial cooperation.
The Council reviewed the outcomes of technical committees and specialized task forces. Macroeconomic resilience topped the agenda through a high-level workshop that examined economic agility in the face of regional and international geopolitical disruptions. The session also dedicated significant focus to mechanisms for strengthening financial stability and macroprudential policy frameworks in Arab nations, showcasing central banks' experiences in responding to financial developments and challenges arising from global market volatility.
In keeping pace with the digital era, the governors focused on ways to support financial inclusion and develop digital payment systems to ensure greater efficiency in shared Arab payment networks and financial markets, while securing the cyber landscape for the banking sector. The meetings concluded with the approval of the final drafting of priority issues to be included in the Joint Arab Address for 2026. This address represents the unified stance of Arab countries and will be delivered during the upcoming annual meetings of the International Monetary Fund and the World Bank, aiming to mobilize financial and technical support alongside capacity-building necessary to sustain regional development.