Nusseiri: The Governor of the Central Bank and his team support the national economy and achieve mon

Alnasiri: central bank governor and his team support the national economy and achieve monetary stability and financial victory

By :by admin »time \ history: 08:26:14 || December 05 2017 

Today the country - Baghdad -

He said Samir Nasiri economic adviser and banker said "the support provided by the Central Bank to the national economy during the economic and financial crisis and the war on terror is a bright spot and experience honorable success in a country that is going through harsh conditions and the stage of history is the most difficult in the face of economic and security challenges, which did not pass by any state in the the world over the past three years, such as Iraq, as a significant contribution contributed to strengthening economic resilience and to achieve victory on the expeditious terrorism and achieve Alinvda financial stability and victory. "

Nasiri noted efforts and procedures wise and applications of monetary policy and procedures development of the central bank in a difficult economic phase of Iraq, where he managed the bank fee strategy for the years (2016-2020) to achieve stability in the financial system and stimulate Alavtsada growth and financial inclusion, structural and institutional building and optimal investment in human capital during the important achievements of the most prominent:

Maintaining the inflation rate does not exceed 2% and at the level of foreign reserves within acceptable according to international standards , rates as foreign reserves of Iraq , reached up to 47 billion dollars , and to stimulate the banking sector regulatory and supervisory and regulatory and establishment of new units within the organizational structures of banks Kalamtthal and anti - money laundering and terrorism financing and management of credit risk operational and issuing 39 - money laundering Act of 2017 and the development of payment systems and the application of all retail payments and mobile and the establishment of national and divided work on the application of international standards in financial reporting in line With starters transparency and disclosure is added to the bank 's efforts daily in stimulating financial inclusion processes and focus on the localization of the salaries of staff initiative for the purpose of raising the proportion of financial inclusion of the population who do not have accounts in the banking system and for the purpose of re - confidence in the banking sector , the Bank re - evaluation and classification of banks in accordance with the standards and international standards in assessing business results and to measure the efficiency of performance as well as the establishment of a deposit insurance company in order to raise the proportion of savings in banks and reduce the proportion of compactness in the homes and thus stimulate the economy through investment and bank financing to activate and take regulatory action Of the structural development of the depository center in the Iraqi market for securities and the establishment of a national center to inquire credit. At the level of international banking relations , the Central Bank was able to and the efforts of exceptional Mr. Governor and his team of re -establishing ties with the central Arab and foreign banks and the delivery of achievements during the past three years to the ruling of the international financial institutions such as the Financial Action Organization, which contributed to the transmission of classified Iraq from gray to follow - up visit is the governor last month to the UN security Council and presented achievements and organizational structural and technical developments and compliance with international standards in financial reporting and enhance the confidence of the Iraqi economy and the ability of Iraq p Li adhere to international credit benefits and accolades of the World Bank and the IMF have had a clear impact in strengthening economic resilience and financial victory and move steadily towards financial sustainability. "

He called Alnasiri all the national media to "promote sincere extraordinary efforts by Iraqis Alobah they are fighting terrorism and build a new Iraq that one to draw light on the achievements and success stories that have been achieved in spite of all the challenges and the most prominent of these successes are the successes of the Governor of the Central Bank of Iraq team his work who deserve honor and praise service for our national economy and our sector of the Iraqi banking. "