Nov 30, 2023
FSB Middle East and North Africa Group Discusses Regional Financial Stability Issues and Cross-Border Payments
The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) met today in virtual format. The group discussed global and regional macroeconomic and financial stability developments. Spillovers from bank failures in the US and Europe in March have been muted. However, geopolitical factors are weighing on the outlook