File photo of Central Bank governor Tarek Amer (Ahram)
The Global Finance magazine has chosen the Governor of the Central Bank of Egypt (CBE) Tarek Amer as among the top-ten central banks’ governors list for 2021, awarding him “A” grade.
The list contains the central bank governors who earned “A” or “A-” grades as part of the magazine’s Central Banker Report Cards 2021.
The magazine announced that the full report and grade list will appear in its October print and digital editions online at GFMag.com.
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 (EU), 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 fields of inflation control, economic growth, currency stability and interest rate management.
According to the grades, “A” represents an excellent performance while “F” stands for outright failure.
“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,” according to the Global Finance publisher and editorial director Joseph Giarraputo.
He added that the 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.