Dr. Nael Al-Husami, Director General of the Amman Chamber of Industry, gave a lecture today, Sunday, "International Institutions and their Role in the Global Economy" for students of the 17th Defense Courses and the MA in Facing Extremism and Terrorism 3, in the presence of the College Commander and the Head and Members of the Guidance Committee.
Al-Husami talked during the lecture about the goals of the International Fund in promoting financial and monetary stability in encouraging international cooperation in the monetary field and encouraging exchange rate stability.
The doctor emphasized that the World Bank provides developing countries with low-interest loans, interest-free credits, and grants. We also offer a wide range of investments in areas including: education, healthcare, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. The bank enters into partnerships with governments, other multilateral institutions, commercial banks, export credit agencies, and private investors to participate in financing some development projects.
Al-Husami said that the Arab Monetary Fund provides short and medium-term facilities to member states to help finance the total deficit in their balance of payments, in addition to coordinating the monetary policies of member states, developing cooperation between the monetary authorities in these countries, and working to liberalize and develop trade exchanges and encourage the movement of capital between Member States The Arab Fund always meets the development needs of member states, takes into account the balance between its activities, and ensures the feasibility and transparency of all projects. In this regard also, one of the most important foundations of the operations of the Arab Fund is to take into account the priorities of projects decided by states, and not to impose specific financial or economic policies on them or to interfere with the economic and social policies they decide, out of support for the efforts of Arab countries and cooperation with them.
At the end of the lecture, the lecturer answered all the questions and questions of the attendees