International economic and financial institutions

Economic institutions

♦ BMI Research Group

International Financial Institutions

Are financial institutions established by two or more States and therefore subject to international laws, which are governmental organizations that seek to maintain the integrity of the global monetary and financial system, promote development in underdeveloped countries and remove barriers to their integration into the global economy. And finance government and private projects and work to stabilize the economy at the whole level, and its main objectives:

 

1. Encourage and develop international cooperation in economic fields.
2. Working to stabilize exchange rates.
3. To develop and expand international trade and achieve balanced growth to help achieve high levels of employment, income and development of productive resources.
4. Work to achieve monetary stability at the international level.
5.  Provide technical assistance and advice in various financial and economic fields.

< The roles of international financial institutions >

 

1. Provide funding.
2. Encourage the development and adoption of internationally recognized standards and laws relating to economic and financial activities.
3. Provide training in the framework of a specific project implemented by the country that wants to benefit from it and can be carried out through curricula or workshops or seminars held by the training centers of the international financial institutions.

Arab Monetary Fund (AMF)
Bank of International Settlements (BIS)
World Bank
Internatinal Monetary Fund (IMF)
Union of Arab Banks
Islamic Development Bank (IDB)
Paris Club