Arab Monetary Fund

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The Arab Monetary Fund is a regional Arab organization, founded 1976, and operational from 1977, it is a working sub-organization to the Arab League.

Contents 1 Objectives 2 Location and members 3 Organization structure 4 See also 5 References 6 External links

[edit] Objectives

Its main objective is to correct and balance the payment of the member states, removing payment restrictions between members, improving the Arab monetary cooperation, encouraging the development of Arab financial markets (paving the way for a unified Arab currency) and to encourage and promote trade between member states.

[edit] Location and members

the AMF's headquarters is in the city of Abu Dhabi capital of United Arab Emirates. Member countries (22) are:

•  Algeria
•  Bahrain
•  Comoros
•  Djibouti
•  Egypt
•  Iraq
•  Jordan
•  Kuwait
•  Lebanon
•  Libya
•  Mauritania
•  Morocco
•  Oman
• Palestine
•  Qatar
•  Saudi Arabia
•  Somalia
•  Sudan
•  Syria
•  Tunisia
•  United Arab Emirates
•  Yemen

[edit] Organization structure

This section requires expansion.

The organization is made out of three main branches under the supervision of the director general and chairman of the board, currently^[when?] Dr. Jassim Al Mannai The branches are offices, departments and committees, with several other extensions, including administration, loans, legal, internal audit , treasury and investments.

[edit] See also

• Arab League
• Arab World
• Council of Arab Economic Unity (CAEU)
• List of Arab organizations

[edit] References

[edit] External links

• Arab Monetary Fund homepage