12 Shawwal 1445 - 21 April 2024
    
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Eye of Riyadh
Business & Money | Saturday 2 March, 2024 1:22 am |
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SAMA Governor says monetary policies should ensure price stability

Ayman Al-Sayari, Governor of Saudi Central Bank (SAMA) said that monetary policies should ensure price stability and be ready for immediate action to address economic changes.

 

 

 

He added that a stable financial sector is capable of efficiently converting savings into investments, connecting households, micro, small, and medium-sized enterprises (MSMEs) in a way that leads to sustainable economic growth.

 

 

 

Al-Sayari’s remarks came during the first G20 Finance Ministers and Central Bank Governors meeting.

 

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