Global Finance Magazine has chosen the Governor of the Central Bank of Egypt (CBE) Tarek Amer, as one of the top ten central bank governors in the world for the year 2021.
The New York based magazine magazine said in a statement issued on Sunday that the top ten central bankers in the world were rated “A” for their excellent performance in curbing inflation, achieving economic growth goals, currency stability and managing interest rates.
“Global Finance magazine has released the names of Central Bank Governors who earned “A” or “A-” grades as part of its Central Banker Report Cards 2021.
Grades are based on an “A” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. (“A” represents an excellent performance down through “F” for outright failure.) Subjective criteria also apply.
Global Finance publisher and editorial director Joseph Giarraputo said the magazine’s annual assessment shows the success of fiscal policy leaders in the face of adversity.
“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,” said Giarraputo.
“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.”
The top ten list also included the central bankers of Brazil, Bulgaria, Canada, Chile, China, Czech Republic, Kuwait and Morocco, along with European Central Bank Governor Christine Lagarde.
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, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.