Central Bank of Egypt Governor Hassan Abdalla urges domestic production and greater policy transparency at Arab central bank governors meeting in Tunisia

The Central Bank of Egypt announced that Governor Hassan Abdalla is participating in the 49th Annual Meeting of the Council of Arab Central Banks and Monetary Authorities’ Governors, hosted by Tunisia. In remarks linked to the meeting, Abdalla highlighted shocks and pressures arising from trade wars and called for timely central bank responses, pointing to increased domestic production and stronger productive capacity as key to containing inflationary pressures and supporting long-term economic stability, alongside clearer communication of the drivers of monetary policy decisions. The session, chaired by the Governor of the Central Bank of Sudan, is addressing central bank approaches to managing trade-war related shocks, frameworks to strengthen cybersecurity and financial-sector resilience, and progress on the Comprehensive Instant Digital Payments Initiative in Arab Countries. It also includes reviewing and adopting outcomes from technical committees covering banking supervision, financial inclusion, green financing, credit reporting, financial stability, payment and settlement systems and FinTech. A closed session is scheduled to discuss preparations for launching the third round of mutual evaluations and challenges facing the Middle East and North Africa Financial Action Task Force, focused on anti-money laundering and countering the financing of terrorism. The Central Bank of Egypt noted it hosted last year’s 48th annual meeting and that Abdalla attended the Permanent Bureau meeting in Abu Dhabi in July 2025.