Central bank, treasury cooperation key to successful policymaking – MENAFN.COM

Central bank, treasury cooperation key to successful policymaking – MENAFN.COM

The relationship between the finance ministry and the central bank is central to successful economic policymaking said an expert during the second day of annual conference of the Qatar Centre for Global Banking and Finance at King's Business School, London. Interim Principal and Provost (Arts & Sciences) of King's College London, Professor Evelyn Welch, delivered the opening remarks during the virtual conference 'Challenges facing Central Banks in the 2020s'. Professor Evelyn said, ''We are grateful to the Qatar Central Bank (QCB) for this strategic vision in setting up this centre and for their friendship, guidance, and investment in its development. Among the 250 to 300 virtual attendees, the conference has participants from over 70 different countries." ''Today's challenges are truly global, the issues we face in society have crossed all the boundaries. We are recovering from the pandemic or tackling the climate emergency and facing up to these challenges will require global cooperation. We need to move beyond global competition which is through events and talks like this where we gain fresh ideas which will improve the lives of people around the globe," she added. Lord Macpherson of Earls Court (Permanent Secretary to the Treasury, 2005-2016) discussed about 'The relationship