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Article 8 e in the budget of 2019 of 30 June 2019 set a date for the termination of proxy positions for all leading positions in the Iraqi government.
I believe that the application of this article in a transparent and without prior political intentions means that the competent authorities in the government and in the House of Representatives must adopt important and fundamental criteria that begin first and foremost from the analytical and analytical view of the results of the work of the official in the position of an agency while assuming the responsibility of the office and what he could And his team to achieve national achievements and have a direct impact on achieving the central objectives of the previous and current government within the hubs of its government programs approved by the House of Representatives.
In order for our talk to be clear and specific, the results of the work of three main bodies that have played a prominent role in the economic sphere and fighting corruption, namely the Central Bank of Iraq, the Office of Financial Supervision and the Integrity Commission, should be evaluated.
What concerns us here is the role played by the Central Bank of Iraq and its achievements and bright points during the lean years (2015-2019), in which Iraq suffered from economic and security shocks and was able to policies, procedures and wise applications of monetary policy to support the national economy and contribute directly to the economic steadfastness And decisive victory over terrorism because military victory can not be achieved without steadfastness and economic support.
Therefore, through the review, analysis and evaluation neutrality and transparency of the Iraqi economic situation and in particular is achieved by the ministries and economic institutions in Iraq from the point of view of the specialist has been to the facts and evidence and signals and achievements confirm that the Central Bank of Iraq proved to be the first economic institution through its important achievements in supporting the economy And the achievement of economic steadfastness and the pursuit of economic stability in accordance with the objectives of its main strategy and subsidiary and this is what he actually achieved.
And in fact contributed to the victory of victory over terrorism and accompanied by another victory is the steadfastness and economic victory, which was the team of the Central Bank of Iraq and its governor a key role and leading in achieving.
The most important of these is the support of the state treasury, stabilization of the exchange rate, recovery of the Iraqi dinar, reduction of inflation, maintaining its share of less than 2%, maintaining a reserve of 160% as a cumulative accumulator according to the latest IMF standard, Excellent standard rate in addition to its adoption standards and controls in line with the requirements of international standards in compliance and combating money laundering and terrorist financing and liquidation of up to 700 international observations registered on the Iraqi banking system and our exit from the monitoring and follow-up according to the Financial Action and Commitment The main thing that is achieved is the stability of the exchange rate and the reduction of the gap between the official price of the US dollar and the parallel price, which is a basic objective of the monetary policy and the implementation of the policies of re-confidence in the banking transactions of Iraqi banks with Arab banks And efforts to build a solid banking sector and to continue the extraordinary efforts to improve the banking reputation of international financial institutions and organizations and correspondent banks and to build strong relations with Arab and foreign central banks and international financial organizations. The Security Council's invitation to the Governor of the Central Bank is rare in presenting the achievements in the field of combating money laundering and financing Terrorism The procedural, regulatory, structural and internal development policies were also designed to achieve financial stability and to develop the banking system technically, structurally and organizationally, and to increase the financial coverage to Target ratio, where the preparation and development of appropriate financial and technical basis of the reality of the Iraqi economy and the mechanics of the banking business, which form a solid base so wide home and abroad.
All these achievements prompted Arab bank governors to elect the Governor of the Central Bank as the Governor of the Arab Monetary Fund at its current session and as Chairman of their Board at the next session, which is a vivid demonstration that the Iraqi economy is recovering and recovering from its crises. This is a tribute to the Iraqi people and its economic, financial and banking institutions.
The question now is whether Article 58 will be applied in the 2019 budget in accordance with transparency and respect for the principle of public service in community service.
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