Sayyari indicated that the director general of the International Monetary Fund reviewed with GCC ministers and governors international economic developments and their effects on the economies of the Gulf states, as well as exchange of views on the economic developments in the region and coordination with the International Monetary Fund with respect to its recommendations on the economic developments in the region. The governor added that the session dealt with the agreement on completion of the requirements for GCC customs union. Replying to a question on the stand of the GCC states if the dollar rate continues, he said developments will be continually studied and appropriate policies will be taken.
