34th session of Council of Arab Central Banks Governors kicks off in Libya
The Source: TRIPOLI,/hadhramaut.info/sabanews.net - 17/09/2010
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The proceedings of the 34th ordinary session of the Council of Arab Central Banks Governors and Arab monetary institutions started on Thursday in Libya's capital Tripoli with the participation of Yemen.
Speeches were delivered at the opening outlining the session and praising the efforts of ex-governor of Yemen Central Bank YCB in activating and succeeding the activities of the council.The session would focus on Arab banking action and mechanisms to activate it as well as discussing the 2010 Arab speech which would be delivered at the annual meetings of the International Monetary Fund and the World Bank to be held in October in Washington, DC, head of Public Relations at the YCB said upon departure for the event on Wednesday.Yahya al Kastaban also said the meeting would review the draft Arab settlement system that includes Arab economic cooperation, business transactions, loans, money transfer and other monetary topics. The draft project of establishing a pan-Arab closure and settlement of payments system is to be offered as well, he said.
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