CENTRAL MONETARY AND PAYMENTS OFFICE

A monetary policy that achieves monetary and financial stability in a way that contributes to achieving economic and social development in the areas of self-administration.

Achieving monetary stability represented in the stability of the general level of prices and contributing to providing an attractive and stimulating investment environment for economic and social development and the application of banking policies through accurate banking and financial networks that build confidence in approved, efficient and secure payment systems.

Belonging: Sincerity, sense of responsibility and commitment towards the institution and its clients.

Integrity: Dealing with the highest standards of professionalism and credibility.

Excellence: This is through our constant commitment to the standards required for work.

Training and continuous

learning: We continuously strive to raise the scientific and professional level to be in line with the latest international practices.

Engagement: We work together as a team at all levels to ensure goals are met.

Transparency: Adherence to professional standards and rules for the disclosure of information and knowledge, simplification and clarification of procedures and policies.

Maintaining monetary stability and contributing to encouraging economic and social development in accordance with the economic policies of self-management aimed at achieving social justice.

To achieve this goal, the Office:

  1. Drawing up and implementing monetary policy through the use of an integrated system of monetary policy tools.  
  2. Maintaining and managing reserves of gold and foreign currencies.
  3. Organizing self-management accounts.
  4. Achieving monetary and financial stability and the requirements of comprehensive economic and social development through the integration of monetary and financial policies.      
  5. Building a banking network, organizing its affairs, supervising and monitoring it, in order to ensure the safety of banking work.   
  6. Supervising, controlling and monitoring the work of exchange, money transfer and trading in precious metals.  
  7. Contribute to the consolidation of the principles of social economy through monetary policy tools.
  8. Organizing and developing the payment system for self-management to ensure the provision of safe and efficient systems for payment, clearing and settlement.