Bouzerd assistera aux réunions annuelles des institutions financières arabes au Koweït.

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Bouzerd participera au Koweït aux réunions annuelles des institutions financières arabes

Summary of Ministerial Participation in Arab Financial Institutions’ Annual Meetings in Kuwait

On Wednesday, Algerian Finance Minister Abdelkrim Bouzred will lead a delegation from his ministry and representatives from the Bank of Algeria to participate in the annual meetings of Arab financial institutions in Kuwait. These meetings, organized by various Arab financial institutions, serve as a critical event for fostering economic and financial cooperation among Arab nations. They provide a platform for member countries to discuss regional economic issues, approve financial statements, and review the work programs of the participating institutions.

The meetings will feature significant events, including the 16th session of the Council of Arab Finance Ministers, where Minister Bouzred will engage with his counterparts on the economic and financial challenges and priorities facing the region. He will also attend the 15th meeting of the supervisory body of the "Badir" Fund, which focuses on the development of small and medium-sized enterprises in the Arab world, providing an investment and development platform.

The Arab financial institutions involved in these meetings include the Arab Monetary Fund (AMF), the Arab Fund for Economic and Social Development (AFESD), the Arab Bank for Economic Development in Africa (BADEA), the Arab Organization for Investment Guarantee and Export Credit (OAGICE), and the Arab Organization for Agricultural Investment and Development (AOAID).

These annual meetings will also facilitate a unique dialogue platform among Arab finance and economy ministers, chairs of the boards of Arab financial institutions, governors of Arab central banks, representatives from the International Monetary Fund (IMF), multilateral development banks, and economic and financial experts.

Conclusion

In summary, Minister Bouzred’s participation in the meetings underscores Algeria’s commitment to regional financial collaboration and its active role in addressing pressing economic issues in the Arab world.

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