Goals and implications of hosting the UN Security Council for the Governor of the Central Bank of Ir

Goals and implications of hosting the UN Security Council for the Governor of the Central Bank of Iraq

2017/10/19 | 17:00

(Encyclopedia of this day , news | News Iraq ) -

It can be described to host the UN Security Council for the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Keywords in a special session as an important step unprecedented in the history of the International Organization

The hosting in accordance with all standards and criteria unique of its kind, as it did not record the history of the UN Security Council, a similar incident since it was established in 1946 in accordance with Article 23 of the Charter of the United Nations as an institution concerned with the imposition of international peace and security.

I have contributed to this step in informing members of the Security Council on the plans and contributions to the central bank in the areas of combating money laundering and the financing of terrorism and to maintain the value of the national currency, despite the difficult and exceptional circumstances Mrabha Iraq during the past years.

The importance of hosting members of the UN Security Council 15 permanent five among them the Governor of the Central Bank in a special session, the future lies in its impact on the level of restore confidence among investors and correspondent banks strength of the Iraqi economy in general and banking in particular,

It was the explanation given by the governor a major role in drawing a clear picture of the central Doralpennek in maintaining the value of Aldenarabraghi against foreign currencies and maintain a reserve currency are hard Iqdrbenho $ 48 billion, which is an acceptable number globally, as well as the role of the central bank Almathervi the face of the financial crisis over and Iraq still Amrabha, due to the decline in oil prices, which constitute a financial rate of more than its returns 90 percent of Iraq's budget, as well as the challenges of major financial and economic burden of the expenses of the war on terrorism and the reconstruction of damaged and destroyed Iraqi cities.

The governor has succeeded in explaining the situation in Iraq economically and financially, present and future in front of the largest and most important and most dangerous international forum, draw in front of its members and a realistic picture without exaggeration Auzzoiq, and still ambiguity and confusion that might be a young Iraqi scene, as brought to the world through the Security Council a positive message fails delivering them a lot of specialists in political affairs, and succeeded conservative clear success in the review of the central bank's plans "the biggest monetary institution in Iraq" in the areas of support for small and medium-sized enterprises and adopt Almaiaratah in the fight against money laundering and the financing of terrorism, strengthen Doralmassarv cash and Toviralciolh, and insisted On Aledjarvi government and private banks, and strict controls are binding on all banks as a basis to assess and cope with the stifling financial crisis faced by Iraq.

Hosting the Security Council of the Governor of the Central Bank of the first step should be followed by steps at the level of bridging gaps and building bridges with the decision-making circles Alma Lee and global economic, including the Economic and Social Council of the United Nations, who will coordinate and prepare studies and draw perceptions and make recommendations on economic and social issues important important in the countries of the world.

It is necessary to note here that hosting the governor by the UN Security Council came days ahead of a visit, a senior Iraqi banking delegation to Washington to hold important talks with senior officials in the US and international banks, in order to restore confidence in Iraqi banks and an end to the embargo imposed on it by some international correspondent banks,

It also aims to visit the delegation to restore investor confidence in the Iraqi economy in general and banking in particular Tjsuralaqh with banks and houses of global capital and create a state of tranquility has equably Iraqi financial situation at present and in the future,

According to news from Washington that the delegation, which was the Association of private banks Dorkperfi formed, it has achieved notable successes in establishing broad cooperation links between Iraqi banks and US counterparts.

President of the Iraqi Association of private banks

Source: Economic News