2006 News Story

SAMA governor urges developing countries to step up reforms

The Governor of the Saudi Arabian Monetary Agency (SAMA) Hamad Al-Sayyari today called on developing countries increase their reform efforts in order to attract foreign investment and ensure economic stability. He also urged developed countries to support the efforts of developing countries by opening their markets.

Al-Sayyari made the remarks in an address at the 74th meeting of the World Bank Executive Committee in Singapore.