Emphasizing and supporting international and regional cooperation at all levels, particularly with regard to encountering money laundering, terrorist acts and all types of crime in accordance with international and regional conventions, agreements and initiatives. Your Highnesses, Ladies & Gentlemen, On this occasion, I would like to stress the appreciation of the Central Bank of the UAE for the support we receive from H.H.
In analysing and solving the sovereign debt crisis, the focus was on fiscal and monetary factors rather than on the macroeconomic causes of the crisis. However, as I’ll briefly demonstrate by means of Charts 5, 6 and 7, these causes are at least as important as the fiscal slippages some countries allowed themselves.