The Bahrain Monetary Agency (BMA) is hosting a regional seminar on monetary policy and operations. The event, to take place from 21st to 25th November 2004, is being organised by the Bank of England’s Centre for Central Banking Studies (CCBS). This will be the first training seminar by the CCBS in the Middle East region.
The seminar will be conducted by a Bank of England team, led by Ms Gill Hammond, Deputy Director of the CCBS. The seminar, which is aimed at senior and middle management staff of central banks, will focus on the role of monetary policy in the effective management of economies. It will cover such areas as monetary policy regimes; planning and forecasting; linkages between monetary and financial stability; design features for indirect monetary operations; government securities markets; repurchase agreements; and unconventional monetary operations.
“The BMA is pleased to make such an offering, which we hope will add considerable value to the training of central bankers in the Arab region,” said Mr. Ahmed Bumtaia, Director of Economic Research, at the BMA. The BMA is inviting participants from 17 Arab central banks, as well as the GCC General Secretariat to attend the seminar, which will be held at the Bahrain Institute of Banking & Finance (BIBF). “We hope to enhance our cooperation with the CCBS, which is widely regarded as a leading training providers, particularly for central bankers,” said Mr. Bumtaia. (menareport.com)
