The IMF Middle East Center for Economics and Finance (CEF), jointly with the Arab Fund for Economic and Social Development (AFESD), held a symposium on “Fiscal Reforms in Kuwait and other Arab Countries” on Monday May 8, 2017. The event was hosted at the Arab Fund’s Headquarters.
Training at the CEF
Since the CEF started operations in late 2011, it has offered more than 200 courses, and provided training to more than 6,000 officials from the 22 countries of the Arab League.
Addressing Regional Challenges
When preparing the Course Program, the CEF team takes into consideration the challenges that the Arab League countries face. Low oil prices and macroeconomic imbalances continued to weigh hugely on the economies of the region.
On October 25th, 2014 the IMF Middle East Center for Economics and Finance (CEF) was inaugurated in an official ceremony by Madam Christine Lagarde, Managing Director of the IMF, and H.E Anas Al-Saleh, Minister of Finance, and was attended by ministers of finance and central bank governors from the GCC countries, and other high level guests.
Strengthening Links with Kuwaiti Institutions
The CEF team strives to strengthen the cooperation with the Kuwaiti institutions. This is demonstrated through the conferences, symposia, and other events organized jointly with the Central Bank of Kuwait, the Ministry of Finance of Kuwait, the Arab Fund for Economic and Social Development (AFESD), the Capital Markets Authority, and much more.