The Central Bank holds its third annual conference with an Arab and international presence

by **Rocky** Sat 09 Dec 2017, 3:01 am

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Post n°1

The Central Bank holds its third annual conference with an Arab and international presence

by Rocky Sat 09 Dec 2017, 3:01 am

The Central Bank holds its third annual conference with an Arab and international presence

08:25 - 09/12/2017
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Information / Baghdad ..

The third annual conference of the Central Bank of Iraq (CBE) will kick off on Saturday in Baghdad with a large Arab and international presence.

"The Central Bank of Iraq will hold this morning its third annual conference in the capital Baghdad under the slogan (towards achieving sustainable financial and economic stability).

The source added that "the conference will witness a large Arab and international presence, including Kuwait, Lebanon, Egypt, Jordan and Tunisia, as well as representatives of the Bank and the International Monetary Fund." Ending / 25

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by **Rocky** Sun 10 Dec 2017, 4:17 am

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Post n°2

Central Bank: Everyone in front of the responsibilities of construction and reconstruction

by Rocky Sun 10 Dec 2017, 4:17 am

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10/12/2017 12:00 am

At his third annual conference in Baghdad
Baghdad / morning work team
The Central Bank of Iraq held its third annual conference in Baghdad under the slogan "Towards achieving sustainable financial and economic stability" with a view to putting the Iraqi banking system on the path of prosperity and development.
2017.
The speech of the President of the Republic was read on the occasion and focused on strengthening the financial sector and monetary policy, and the prospects for prosperity and development are strong, especially after the victory over the terrorist "calling", under the direction of development and building the future of the Iraqi economy and social.
The role of the central bank and its efficiency and the importance of its relations to promote economic interests in conjunction with the international desire for this, and the role of partnership with international institutions and address the problems and obstacles in front of it, and adopted a strategy of cooperation contribute to economic development.

Achieve evolution
Governor of the Central Bank d. Ali Alaq said: "The conference is a moment that places everyone in front of the responsibilities of construction and reconstruction and the creation of a sound economy, and the need to aspire to a national administration that reflects the government's ability to manage the country efficiently through the ability to form a rational institution to achieve sustainable development and the rule of law and achieve public stability. Peace and development, and the adoption of the principle of equal opportunity rather than opportunities and governance
For electronic ".

Wealth Management
The second pillar of the national administration requires macroeconomic management in light of the trend that drives the real sectors and is based on this by activating the role of the private sector. The last pillar is the financial policy which is the engine to manage wealth and face financial risks. At a time when the Ministry of Finance has achieved important measures in financial reform In front of other reforms, the most important of which is to reduce the gap between local revenues and domestic expenditures. "He proposed reducing the gap by 2.5 percent annually and over 30 years the gap would be 15 percent as well as activating economic sectors and reducing dependence on financial resources
One".
Al-Alaq reviewed a number of achievements that accompanied his work during the last three years and focused the central bank's strategy on capacity building and allocations for the purpose of developing specialized banks and private banks and maintaining a globally acceptable cash reserve.

Development options
The Minister of Labor and Economic Affairs said in his speech: "We look forward to the recommendations of the conference that move the reality of the economy and society in our goals to build a state of social justice. We also look forward to opening new development options and enhancing financial and monetary policies and maximizing the capacity of investment supporting the market. the work".
"The industrial sector is a demand and a main objective of our work, opening up the private sector to build industrial infrastructure and reduce imports,
the local".

Country precautions
Chairman of the Finance Committee Mohamed Tamim noted that "under the development trends, we recognize the important role of the Central Bank in monetary policy and regulate the work of banks and all functions, and formed the independence of the central step important to achieve the objectives of monetary policy to ensure not to deviate from its objectives and maintain the country's reserves."
He stressed "the importance of working to diversify domestic production through the issuance of legislation that will diversify the economy and give a greater role to the banking sector to contribute to development."
Chairman of the Committee on Economy and Investment Representative Ahmed Kanani, said that "the conference bears great significance as we live victories and prepare for building and growth and look forward to a greater role of monetary policy."
He pointed out that "the presence of experts at the conference is important for the exchange of experiences and what counts for the center that the conference was organized in Baghdad after it was organized outside the country."

Achieve development
"The conference comes at an ideal time after Iraq clears the dust of terrorism and it is looking forward to the stage of real construction and reconstruction, which requires a banking sector to be the center of success in achieving development. The conference came to be the banking system in one place discussing the requirements The need for future and view the march of the Central and the systems adopted and the extent of service provided to the public, and see the future plans of the Center, which represents the sponsor and father of the banking system.
He pointed out that "the subject of financial inclusion, which I have advocated for years since the morning newspaper; today takes a large part of the attention of the conference and this is a success of the banking system, where services reach all citizens.

Check the utility
Director-General of the South Islamic Bank d. Ahmed Zaki Younis Bin that "the conference under the great victories achieved by our army and our holy mobilization on the forces of darkness and the end of their existence can be described as important, because we are in front of a new stage of construction and reconstruction," pointing out that "the presence of this large number of experts money and economy leads to the establishment of sound rules For the national economy and starting from axes and fixed rules that benefit the national economy. "

A valuable opportunity
The Executive Director of the Association of Iraqi Banks Ali Tariq pointed out that "developments in the private banking sector comes through the identification of weaknesses and work to address them, and the conference represents a valuable opportunity to discuss the mechanisms of modernizing the banking system and make it rise to the world in providing sophisticated products that tune And the volume of future work in Iraq. "
He pointed out that "the Association of Banks closely follows the banking process and has full plans to promote it through integrated training programs to create human capabilities with international efficiency, and more than 2000 employees have been trained during the current year from the public and private sectors, Has a new shape during the coming period and is able to activate economic activities and [You must be registered and logged in to see this link.] the productive sectors
And service. "

Monetary policy
Director General of Payments, Dr. Abdul Karim Bent said: "The Central Bank of Iraq seeks in its work to be a role model for the rest of government institutions through its outstanding performance to contribute to the achievement of sustainable economic development and prosperity for citizens through its mission based on (modern administrative practices, Prudential, financial sector governance, adopting an efficient monetary policy) and building on the institutional values of loyalty, creativity and innovation, teamwork, integrity, transparency, fairness and equality. "

Electronic collection
"Through this vision, the strategic plan for the next five years has been launched. Despite the keen interest of the Bank's management in adopting and launching projects and initiatives at the specified time, the Central Bank has sought to have a reflection of this plan in the financial and banking sector, which is reflected in the development of services, And the strengthening of financial coverage in Iraq, because of its direct link to fight corruption and speed in the completion of transactions and the development of the work of ministries and institutions all the transition to payment and electronic collection will ensure the transition to electronic government and facilitate procedures.

Efficient system
"The interest in the payment system has been a key factor in monetary policy and effective management of leading the shift to electronic payments and access to a society that helps control the provisions of the supervision and control tools through the establishment of an efficient and effective system based on international standards in this area and a legal framework ensures Equality, transparency and justice for all participants and users of the systems through the organization and supervision of the work of electronic payment services companies and building effective partnerships with the private sector to serve the higher interest of economic development and infrastructure development of the system
Financial. "

Cash Management
Stressed that the availability of payment systems in Iraq, the main benefits to banks and projects and people in Iraq, the most important information on the management of cash and maintain the confidentiality of information and reduce the risk of paperwork and transactions of high value and transactions of low value are processed quickly and safely and transparently, as well as linking all banks And the Ministry of Finance directly at the Central Bank of Iraq and reduce dependence on cash and improve the investment environment in
Iraq.

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by **Rocky** Sun 10 Dec 2017, 10:37 am

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Post n°3

Conference of financial victory

by Rocky Sun 10 Dec 2017, 10:37 am

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2017/12/10 18:24

(Encyclopedia of this day , news | [You must be registered and logged in to see this link.] ) -
The third annual conference of the Central Bank of Iraq was held in Baghdad under the slogan "Towards achieving sustainable financial and economic stability" and with the distinguished presence of Governors, Ambassadors, representatives of the Union of Arab Banks, Arab experts and officials from the Secretariat of the Council of Ministers. The conference discussed four specialized and specialized sessions, focusing on the role of the Central Bank in achieving financial and economic stability through the real sector and monetary policy in Iraq and facing the double shock of security and economy. To formulate structural and structural policies and procedures to achieve the strategic objectives of the Central Bank (2016-2020) in achieving financial comprehension and developing ways and means of investment in human capital and access to the financial merit of Iraqi banks.

That characterized this conference on all previous economic and financial conferences that it is taking place in an important transitional stage going through Iraq after the achievement of decisive victory and final on terrorism Daheshi At the same time began the features of the initial financial victory achieved by the Central Bank at the level of building regulatory and structural frameworks of financial and economic stability Iraq and the transition policies and procedures for the applications of monetary policy from the twentieth century to the twenty-first century and the transition from the classification of the gray area to the follow-up area and the road is open to move to the advanced area Other next year.

The conference also highlighted the frankness, transparency and disclosure provided by the Central Bank to international financial organizations and Arab experts. The policy of the Central Bank at all levels is the only solution to respond to criticisms and observations and is viewed in a spirit of national concern to serve our national economy. Is the communication and interaction between experts in economics and finance and professors of universities and specialists and the economic media from the ready and between the departments of the central bank quality and competent partnership to achieve the central goal, which concerns us all and Hwan All efforts shall be coordinated by a government, private sector, experts, and a competent, neutral and national economic media to achieve (the economy in the service of society).

Note: The content entitled (Conference of Financial Victory) was published first on the site (economy news) and does not bear the encyclopedia of this day news content in any way.
You can find out the details of this title (Financial Victory Conference) through its original source (Economy News).

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by ron-man Sun 10 Dec 2017, 12:26 pm

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Post n°4

Re: The Central Bank holds its third annual conference with an Arab and international presence

by ron-man Sun 10 Dec 2017, 12:26 pm

Thanks Rocky this is great.

by Lobo Sun 10 Dec 2017, 1:17 pm

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Post n°5

Re: The Central Bank holds its third annual conference with an Arab and international presence

by Lobo Sun 10 Dec 2017, 1:17 pm

Thanks Rocky, seems like things are moving quickly.

by **Rocky** Sun 10 Dec 2017, 2:07 pm

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Post n°6

The step of the Central Bank of Iraq .. Who will follow it?

by Rocky Sun 10 Dec 2017, 2:07 pm

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The step of the Central Bank of Iraq .. Who will follow it?

The Central Bank of Iraq presented its financial and economic visions and achievements, supported by figures in front of a group of experts and specialists in economic affairs at an expanded conference which was opened by the Babylon Hotel yesterday, the annual conference. Third, and recorded a joyful impression, in front of the volume of tasks accomplished by the Central Bank and its various cadres in a circumstance is the most difficult in the history of Iraq .. Was a conference frankly and unmistakably distinguished.

The conference discussed the role of the Central Bank of Iraq in achieving financial and economic stability, among the pillars of the sustainability of public debt and financial stability in Iraq and financial coverage and banking performance, as well as the financial merit of the banking sector in Iraq and mechanisms to stimulate the real sector through macroeconomic policies in Iraq .. Several goals, The Bank seeks to achieve this through the discussions of the conference, including strengthening the relationship between the tools of monetary policy and macroeconomic variables and strengthening the role of the financial sector as a channel of transmission of the effects of monetary policy, and create an interactive meeting between officials of monetary policy, academics and In order to determine the mechanisms that monetary policy can adopt in the application of its objectives and benefit from research expertise and its interrelationship with the practical aspect to achieve the strategic objectives of the Central Bank of Iraq. As one sees, these goals are considered a summit in the economic and financial understanding of a country facing many challenges trying to compromise its economies and resources ..

And through the transparency that accompanied the work of the conference on its first day, I wished this event to be a context for the ministries and other bodies. It is important that the efforts of everyone from all social activities, opinion leaders and concerned institutions, and opinion leaders from specialists, In accordance with the principles and foundations of solid, the convergence of visions, and to make observations, and discuss the reality of living with an objective vision, is the key to building the nation, as well as the discussion by the competent authorities, lead to a space of hope in progress, in various directions, and remains the experience of the Central Bank of Iraq in the convening of a general conference, Estimate, for it Affirms a noble and pure human relationship, constructive and rich in feelings between the specialists and the citizens .. The central bank is the safety valve for the family and society.

The Bank, through its well-known functions, has realized that working with the soundness of the needy is a necessary necessity, but it also senses the importance of comprehensive openness, views, taking advantage of them into account, working within the team's mindset and innovation without being arrogant. Of critical creative thinking leads to more solid successes. The biggest challenge for Iraq now, as the central bank sees, after the elimination of gangs, is the ability to establish a new economic and financial concept of civilization, rephrasing previous concepts.

The future sought by the conference needs renewed energies and great efforts, and most importantly, changes in the mindset and concepts, especially with regard to the concept of responsibility and public work. Money and economy are not incompatible.

Will the rest of the ministries and departments seek to lay out their perceptions and programs in front of specialists and the public of citizens and the media, as did the Central Bank of Iraq, which is the most dangerous institution in the state?

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by **Rocky** Tue 12 Dec 2017, 4:41 am

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Post n°7

Third Annual Iraqi Central Bank Conference

by Rocky Tue 12 Dec 2017, 4:41 am

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[size=18] December 12, 2017
[/size]

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The Iraqi Central Bank concluded its third annual scientific conference held under the title "The Role of the Central Bank in the Achievement of the Central Bank of Iraq." Financial and economic stability "in the capital Baghdad for the period 9-10 December 2017, with an important Arab and international presence, as well as the wide participation of scholars and specialists who played an active role in achieving the objectives of the conference and enriching it with ideas that contribute to the formulation of strategies Is working to achieve sustainable financial and economic stability in Iraq .

[size]
The President of the Palestinian Monetary Authority and his accompanying delegation, as well as the Deputy Governor of the Central Bank of Kuwait, as well as representatives of the Union of Arab Banks and the Deputy Minister of Finance and Advisor to the Prime Minister for Economic Affairs and the financial committees and the economy in the House of Representatives and government and private banks operating in Iraq and financial companies, global and Arab and local.
The conference was attended by the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, the President of the Republic, Mr. Hussein Al Hindawi, the President of the Republic, the Chairman of the Finance Committee, Dr. Mohammad Tamim, and the Chairman of the Committee on Economy and Investment, Mr. Ahmad Kanani.
The conference was moderated by four sessions attended by a group of Iraqi and Arab financial and economic leaders, which included discussing the financial and economic situation in Iraq.
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[size]
https://cbi.iq/news/view/524[/size]

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The Central Bank holds its third annual conference with an Arab and international presence

The Central Bank holds its third annual conference with an Arab and international presence

Central Bank: Everyone in front of the responsibilities of construction and reconstruction

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Conference of financial victory

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The step of the Central Bank of Iraq .. Who will follow it?

Third Annual Iraqi Central Bank Conference

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