Morocco requests Arab Monetary Fund to conduct study on impact of Euro on Arab economies

Moroccan minister of economy and finance, Fathallah Oualalou, requested the Abu-Dhabi based Arab monetary Fund (AMF) to conduct a study on the impact of the Euro, the European single currency, on Arab countries' economies.

The request was voiced during a meeting held here on Monday between Oualalou and the fund's director general Jassem Manal.

During the meeting that reviewed cooperation between Morocco and the Arab fund, Oualalou voiced the kingdom's desire to benefit from the training sessions organized by the AMF in cooperation with the international monetary fund.

During the meeting it has been confirmed that the AMF will hold its annual session in year 2000 in Morocco.