The IMF –Middle East Center for Economics and Finance (CEF), located in Kuwait, serves as the International Monetary Fund’s (IMF) regional training center for member countries of the Arab league. The Memorandum of Understanding to establish the CEF was signed in November 2010 between the IMF and the State of Kuwait who has generously hosted and funded the Center’s activities.
The CEF was created to strengthen the skills of officials from Arab League countries in economic analysis and diagnosis, and in formulating and implementing effective economic and financial policies. The timing of the CEF opening is fortuitous in helping the Fund respond to the massive economic and financial challenges the region is confronted with today; challenges that have generated a need to accelerate and deepen CEF’s ongoing capacity building efforts through the delivery of relevant training courses and seminars.
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The mission of the IMF-Middle East Center for Economics and Finance (CEF) is to strengthen the economic management in Arab League Member Countries by delivering an integrated curriculum of training courses and seminars that address the key skill sets needed to support this goal. In particular, the training aims to improve the ability of officials of these countries to analyze economic conditions, diagnose problems, and design and implement appropriate policies.