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 cash flowing 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‟s 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 burden „bottom 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.

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 AlThani,Deputy Governor, Qatar Central Bank, Qatar; Chedly Ayari, Governor, Central Bank of Tunisia Erdem Başçi , 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: or sms +971 552 396 818

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. 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 could be 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, FSB’s latest report shows $67 trillion of ‘parked cash’ worldwide that is seeking profitable investments. 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,

Sabah Al-Ahmad Al-Jaber Al-Sabah, Kuwait, Prime Minister, Jaber Al-Mubarak AlHamad 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 To appreciate the new models for the Knowledge Economy here is a Reading List of Terms: ngystem

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