The Monetary Authority participates conference "The role of the Central Bank of Iraq to achieve econ

The Monetary Authority participates conference "The role of the Central Bank of Iraq to achieve economic and financial stability"

2017-12-10

Aspect of the meeting

Participation

Ramallah - the world of homeland

participated the Palestinian Monetary Authority , represented by the Governor Mr. Azzam Shawa , accompanied by deputy governor for financial stability , Dr. Riyad Abu Shehadeh, and Unit Director of Finance follow - up Mr. Wael to AVI, at the third annual conference of the Central Bank of Iraq , which began its work in Baghdad on Saturday and lasts for two days , sponsored by the governor , Dr. Ali Keywords under the theme " the role of the Central Bank of Iraq in achieving economic and financial stability."

During the conference he met with the Governor Mr. Shawa and the delegation accompanying the Governor of the Central Bank of Iraq , Dr. Ali Keywords and Tnaakeca in the mechanism and ways of developing joint cooperation, noting that the two sides signed several months ago , a memorandum of understanding to support the development of the banking and financial work in both countries.

And Dr. Riyad Abu Shehadeh Speech at the conference on the role of the Monetary Authority in achieving financial stability in Palestine, in which he pointed out that Palestine distinctive experience in the field of financial stability was reflected positively on employment and employment and improve the economic environment in Palestine.

He also spoke about the Monetary Authority 's experience in the field of credit bureau information and the volume of jobs created as a result of financial, banking , and awareness of financial inclusion and reflection on the different banking sectors, especially the women and the development of banking products and services geared to women in particular and marginalized groups and remote and children positive and socio - economic implications .

Turning Abu Shehadeh also to the emergence and development of the banking sector and the Palestinian Monetary Authority and its functions in accordance with the latest international practices and the contribution of the Palestinian banking sector in the national economy and employment and job creation through various funding programs and lending it provides.

Wael Avi also met with his Iraqi counterpart Talks between the two countries about the experience in dealing with the issue of money laundering and the financing of terrorism and keep up with international standards in this area.

He met with the Governor Shawa and the accompanying delegation, His Excellency the Palestinian Ambassador to Iraq , Mr. Ahmed 's mind where he briefed them on the Palestinian community in Iraq , the situation.

The transfer of the Governor Shawa President Mahmoud Abbas , congratulations through a televised message through the main station of Iraq, and offered his congratulations personally to the Governor of the Central Bank of Iraq and all Iraqis, on the occasion of the liberation of Iraq brother of terrorism and achieve complete victory over the remnants of the terrorists and the celebrations of the Iraqi brothers Victory Day.

It is worth mentioning that the conference aims at strengthening the relationship between the instruments of monetary policy and macroeconomic variables and to strengthen the role of the financial sector through several topics to discuss topics most notably the sustainability of public debt and financial stability in Iraq and to achieve financial inclusion process and the performance of banks and mechanisms to stimulate the financial sector through monetary policy and to highlight the financial worthiness tools for the banking sector.