Global Finance Magazine names Central Bank of Egypt Governor among world’s top 10

Daily News Egypt
2 Min Read

Tarek Amer receives ‘A’ score along with central bank governors of European Union, China, among others

Global Finance Magazine has selected the Central Bank of Egypt Governor Tarek Amer as one of the world’s top 10 central banks governors. 

The magazine released the names of Central Bank Governors who earned “A” or “A-” grades as part of its Central Banker Report Cards 2021. 

The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries and territories including the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States, and the Central Bank of West African States.

Grades are based on an “A” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. (“A” represents an excellent performance down through “F” for outright failure.) 

Amer received an “A” score along with central bank governors of European Union, China, Brazil, Kuwait, Morocco, Bulgaria, Canada, Czech Republic, and Chile. 

“With the pandemic still surging in many areas, and inflation emerging as a major area of concern once again, the world’s central bankers are confronting multiple challenges from multiple directions,” said Global Finance publisher and editorial director Joseph Giarraputo. 

“Global Finance’s annual Central Banker Report Cards show which financial policy leaders are succeeding in the face of adversity and which are falling behind,” he added.

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