AMF extends $1.3b in financial facilities to Arab countries in H1
- Date: 15-Sep-2020
- Source: Gulf Today
- Sector:Financial Markets
- Country:GCC
AMF extends $1.3b in financial facilities to Arab countries in H1
Dr Abdulrahman Bin Abdullah Al Hamidi speaks during an Arab Monetary Fund meeting. File/WAM
Dr Abdulrahman Bin Abdullah Al Hamidi, Director-General and Chairman of the Board of Directors of the Arab Monetary Fund (AMF), highlighted the fund's keenness to respond to the needs of Arab countries during the coronavirus pandemic, by providing financial resources to member countries in the form of new loans or withdrawals on existing loans.
These financial measures, which will tackle the economic