Morocco’s Central Bank Gov. highlights Morocco’s experience in addressing climate issues

Morocco’s Central Bank Gov. highlights Morocco’s experience in addressing climate issues
Wednesday 2 October 2024 - 17:29

In a meeting held in Cairo on Tuesday, Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri, exposed the Kingdom’s experience and BAM’s contribution as a central bank in addressing climate issues.

According to a press release from BAM, Jouahri highlighted the Moroccan experience during his participation in the 48th ordinary session of the Council Of Arab Central Banks Governors and Monetary Authorities.

This ordinary session provided an opportunity to discuss a number of priority economic issues for central banks in the Arab region, including the steering of monetary policy in an environment marked by increasing uncertainty and a succession of shocks, as well as the repercussions of rising private sector indebtedness on the financial stability of Arab countries.

Discussions also focused on the roles, organization and governance of AI applications in the financial sector, the press release adds.

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