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The Central Bank signs a 'arrangements document' with the World Bank

rocky
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The Central Bank signs a 'arrangements document' with the World Bank Empty The Central Bank signs a 'arrangements document' with the World Bank

Post by rocky on Wed 13 May 2020, 4:42 am

The Central Bank signs a 'arrangements document' with the World Bank

[ltr]2020.05.13 - 11:57[/ltr]

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[size=20]Baghdad - people  

On Wednesday, the Central Bank announced the signing of a banking arrangement document with the World Bank to develop the management of its foreign reserves.  
The bank said in a statement, "NASS" received a copy of it, (May 13, 2020), that "within the framework of its strategy to develop the management of its foreign reserves in line with current and future developments, the Central Bank of Iraq signed a document of banking arrangements with the advisory program for reserves management affiliated to the World Bank (RAMP) Reserves Advisory & Management Program ".  
The statement pointed out that "the document aims to enable the Central Bank of Iraq to obtain technical support through the exchange of knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, build human capital through the exchange of knowledge and develop expertise in the field The financial according to the best practices in the field of reserves management. "  
The statement noted that "this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services", noting that it is "a meeting place for a network of specialists, and serves more than (70) members around the world, most of whom are from central banks, managing Nearly (2) trillion dollars of sovereign assets. "


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rocky
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The Central Bank signs a 'arrangements document' with the World Bank Empty The central bank signs a banking arrangement document with the World Bank

Post by rocky on Wed 13 May 2020, 6:41 am

The central bank signs a banking arrangement document with the World Bank

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Economy News - Baghdad
The Central Bank of Iraq announced, on Wednesday, the signing of a document of banking arrangements with the advisory program for the management of reserves of the World Bank.
The Central Bank said in a statement received by "Al-Iqtisad News", that "within the framework of its strategy to develop the management of its foreign reserves in line with current and future developments, the Central Bank of Iraq signed a banking arrangement document with the Reserves Management and Advisory Program of the World Bank (RAMP) Reserves Advisory & Management Program ".
"This document aims to enable the Central Bank of Iraq to obtain technical support through the exchange of knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, build human capital by exchanging knowledge and developing expertise in the financial field," the statement added. According to the best practices in the field of reserves management. "
He continued, "This program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services. It is a meeting place for a network of specialists, and serves more than (70) members around the world, most of them are from central banks, managing nearly (2) $ 1 trillion in sovereign assets. "

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