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]
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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]

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