Sunday, December 06, 2009
... Abu-Ghazaleh will address the Arab Financial and Accounting Forum, which will be held in Beirut from December 22 to December 23, to discuss the G20 resolutions. "The crisis is still there and will not end until the formulation of a new economic order. The world entered into the era of the G20 instead of the G7. The G20 has held three meetings and their ministers have met twice in addition to meetings at the international level, but the Arab World has not held meetings maybe because our condition is still better."
He said: "There is an growing demand that governments should not interfere in the drafting of these standards. The crisis is not yet over, it has not even started, and in order to save our financial institutions from the crisis we must address this before it hits us.
He said: "There is an growing demand that governments should not interfere in the drafting of these standards. The crisis is not yet over, it has not even started, and in order to save our financial institutions from the crisis we must address this before it hits us.
Source:
http://www.business24-7.ae/Articles/2009/12/Pages/05122009/12062009_a15de69cb25044be8252ecb07037bcd7.aspx
