FSB - MENA Supports #UAE Liquidity Program 4th Dec 2012
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Transcript of FSB - MENA Supports #UAE Liquidity Program 4th Dec 2012
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7/30/2019 FSB - MENA Supports #UAE Liquidity Program 4th Dec 2012
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MENA Financial Stability Board
Regional Consultancy Group supports
#UAE Liquidity Program
to inject cash at street level
Abu Dhabi, UAE
4th December 2012
Gill Wallace Hope has secured the support of Treasuries, GCC Leaders and
Financial Stability Board members with her innovation in financing. $14 bn of
funds will be injected directly into businesses to pay down debt, get cashflowing and improve liquidity in UAE.
Hope expects to issue 70,000 cheques over the next 8 weeks to pay
suppliers and employees at Street level. UAE Businesses are preparing their
Full & Final Settlement letters, invoices and spreadsheets.
Hope said There is no shortage of cash. $67 trillion of parked funds are
seeking profitable returns. The problem is that the funds are in the clouds
and the people on the street are starved of cash. For a healthy economy
cash must circulate...its in gridlock in UAE and many countries.
The top down system of funds going to banks and then to borrowers is not
working. The Debt is working itself through the system too slowly causing
too much pain and suffering at street and community level.
The Courts, Police, Embassies, Foundations, non-profits and families are all
over-stretched.we must relieve the burdenbottom up by cutting through
the linear, time consuming processes and release the entrepreneurs to
rebuild the economy she says.
This new financial innovation can be applied to other countries with similar
symptoms and causes.
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FSB supporters in MENA region include:
Fahad Almubarak, Governor, Saudi Arabian Monetary
Agency; Mohammad Y Al-Hashel , Governor, Central Bank of
Kuwait; Karim Djoudi, Minister of Finance, Algeria; Mohammad
Laksaci, Governor, Bank of Algeria; Rasheed Al-Maraj, Governor, Central
Bank of Bahrain; Gamal Negm, Deputy Governor, Banking Stability, Central
Bank of Egypt; Kholoud Al-Saqqaf, Deputy Governor; Central Bank of
Jordan; Mohammad Safadi, Minister of Finance Lebanon; Saad
Andary; Second Vice Governor; Central Bank of Lebanon; Usama
Mikdashi, Chairman, Banking Control Commission of Lebanon, Morocco
Faouzia Zaaboul, Director, Treasury and External Finances, Ministry of
Economy and Finance, Morocco; Abderrahim Bouazza, Head, Banking
Supervision Department, Bank Al-Maghrib, Morocco; Hamood S Al
Zadjali, Executive President, Central Bank of Oman; Fahad Al-Thani,Deputy Governor, Qatar Central Bank, Qatar; Chedly
Ayari, Governor, Central Bank of Tunisia Erdem Bai, Governor, Central
Bank of the Republic of Turkey; Younis Al Khoori, Undersecretary, Ministry
of Finance, United Arab Emirates; Sultan Al Suwaidi, Governor, Central
Bank of the UAE
For media interviews:[email protected]
or sms +971 552 396 818www.linkedin.com/in/AmbassadorHope
mailto:[email protected]:[email protected]:[email protected]://www.linkedin.com/in/AmbassadorHopehttp://www.linkedin.com/in/AmbassadorHopehttp://www.linkedin.com/in/AmbassadorHopemailto:[email protected] -
7/30/2019 FSB - MENA Supports #UAE Liquidity Program 4th Dec 2012
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GCC Leaders are united in their support for #UAE Liquidity Program
Abu Dhabi, UAE
29th November 2012
GCC Leaders are united in their support for an innovative and practical program to
inject liquidity directly into businesses and communities in UAE so they can pay
down debt, kick start cash flow, restore liquidity and put the crisis behind them to
refocus on growth.
http://ar.scribd.com/doc/114426118/Liquidity-Program-Media-for-UAE-
ArabicEnglish
Gill Wallace Hope has Crowd Funded $14 billion of FDI from international funds
and is ready to process approx. 70,000 cheques during Dec 2012 and Jan 2013 to
get payments made and cash flowing.
Gill Wallace Hope is a world expert in Crowd Funding completing over 11,000
transactions in 40 countries over 32 years. She applied her methodology and
processes to the crisis as she interviewed citizens, expats and government
departments across UAE for Environmental Sustainability and realized that
nothing could move forward until the burden of debt and social disruption couldbe solved.
Now countries will similar debt, cashflow and liquidity challenges are watching
UAE to witness the dramatic impact it will have on recovery. There is no shortage
of funds, FSBs latest report shows $67 trillion of parked cash worldwide that is
seeking profitable investments.
http://in.reuters.com/article/2012/11/19/shadow-banking-regulation-
idINDEE8AI01Z20121119
GCC Leaders supporting the #UAE Liquidity Program include:
King, Hamad bin Isa Al Khalifa, Bahrain, Crown Prince, Salman bin Hamad bin Isa
Al Khalifa, Bahrain, Prime Minister, Khalifa bin Salman Al Khalifa, Bahrain, Emir,
http://ar.scribd.com/doc/114426118/Liquidity-Program-Media-for-UAE-ArabicEnglishhttp://ar.scribd.com/doc/114426118/Liquidity-Program-Media-for-UAE-ArabicEnglishhttp://ar.scribd.com/doc/114426118/Liquidity-Program-Media-for-UAE-ArabicEnglishhttp://in.reuters.com/article/2012/11/19/shadow-banking-regulation-idINDEE8AI01Z20121119http://in.reuters.com/article/2012/11/19/shadow-banking-regulation-idINDEE8AI01Z20121119http://in.reuters.com/article/2012/11/19/shadow-banking-regulation-idINDEE8AI01Z20121119http://in.reuters.com/article/2012/11/19/shadow-banking-regulation-idINDEE8AI01Z20121119http://in.reuters.com/article/2012/11/19/shadow-banking-regulation-idINDEE8AI01Z20121119http://ar.scribd.com/doc/114426118/Liquidity-Program-Media-for-UAE-ArabicEnglishhttp://ar.scribd.com/doc/114426118/Liquidity-Program-Media-for-UAE-ArabicEnglish -
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Sabah Al-Ahmad Al-Jaber Al-Sabah, Kuwait, Prime Minister, Jaber Al-Mubarak Al-
Hamad Al-Sabah, Kuwait, Sultan, Qaboos bin Said al Said, Oman, Deputy Prime
Minister, Fahd bin Mahmoud al Said,Oman, Emir, Hamad bin Khalifa Al Thani,
Qatar, Crown Prince, Tamim bin Hamad Al Thani, Qatar, Prime Minister, Hamad
bin Jassim bin Jaber Al Thani, Qatar, King, Abdullah bin Abdul Aziz, Saudi Arabia,
Crown Prince, Salman bin Abdul Aziz, Saudi Arabia, President, Khalifa bin Zayed Al
Nahyan, United Arab Emirates, Vice President and Prime Minister, Mohammed
bin Rashid Al Maktoum, United Arab Emirates
For TV interviews contact: +971 552 396 818 or send email to [email protected]
To appreciate the new models for the Knowledge Economy here is a Reading List
of Terms:
http://en.wikipedia.org/wiki/Love
http://en.wikipedia.org/wiki/Faith
http://en.wikipedia.org/wiki/Social_entrepreneurship
http://en.wikipedia.org/wiki/Economics
http://en.wikipedia.org/wiki/Crowd_funding
http://en.wikipedia.org/wiki/Wikinomics:_How_Mass_Collaboration_Changes_Everythi
ngystem
http://en.wikipedia.org/wiki/Mass_collaboration
http://en.wikipedia.org/wiki/Global_public%E2%80%93private_partnership
http://en.wikipedia.org/wiki/Commercial_diplomacy
http://en.wikipedia.org/wiki/Frugal_innovation
http://en.wikipedia.org/wiki/Micro-enterprise
http://en.wikipedia.org/wiki/Total_quality_management
http://en.wikipedia.org/wiki/Environmental_technology
http://en.wikipedia.org/wiki/Supply_chain_management
http://en.wikipedia.org/wiki/Economicshttp://en.wikipedia.org/wiki/Economicshttp://en.wikipedia.org/wiki/Crowd_fundinghttp://en.wikipedia.org/wiki/Crowd_fundinghttp://en.wikipedia.org/wiki/Wikinomics:_How_Mass_Collaboration_Changes_Everythingystemhttp://en.wikipedia.org/wiki/Wikinomics:_How_Mass_Collaboration_Changes_Everythingystemhttp://en.wikipedia.org/wiki/Wikinomics:_How_Mass_Collaboration_Changes_Everythingystemhttp://en.wikipedia.org/wiki/Mass_collaborationhttp://en.wikipedia.org/wiki/Mass_collaborationhttp://en.wikipedia.org/wiki/Frugal_innovationhttp://en.wikipedia.org/wiki/Frugal_innovationhttp://en.wikipedia.org/wiki/Total_quality_managementhttp://en.wikipedia.org/wiki/Total_quality_managementhttp://en.wikipedia.org/wiki/Total_quality_managementhttp://en.wikipedia.org/wiki/Frugal_innovationhttp://en.wikipedia.org/wiki/Mass_collaborationhttp://en.wikipedia.org/wiki/Wikinomics:_How_Mass_Collaboration_Changes_Everythingystemhttp://en.wikipedia.org/wiki/Wikinomics:_How_Mass_Collaboration_Changes_Everythingystemhttp://en.wikipedia.org/wiki/Crowd_fundinghttp://en.wikipedia.org/wiki/Economics