The same holds true for the common culture, religion and the similar geography. To reach the goal of an Arab Monetary Union, particularism has to be overcome, and factors promoting integration have to be supported. Overcoming particularism would foster communication within the region and with partners in other regions. All Arab countries are endeavouring to develop their economies towards a more balanced structure.
As you are well aware, however, since I took office in April, global inflation has rapidly soared, and we are now busy in coping with high inflation. Like many other major central banks, we systematically missed inflation forecasts after the pandemic.