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KTFA: Samson: His Excellency the Governor of the Central Bank of Iraq meets His Excellency the British Ambassador in Baghdad
6th December, 2021
His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mikhaif, met with His Excellency the British Ambassador in Baghdad, and they discussed banking relations and ways to develop them.
The Governor welcomed the opening of branches of British banks in Iraq and the opening of opposite accounts to facilitate trade exchange between the two countries.
For his part, the Ambassador stressed the necessity of banking cooperation and providing technical assistance to the Central Bank of Iraq, especially in the field of financial digitization.
The Ambassador also touched on the white paper document, economic reform and the priorities for implementing this plan, where His Excellency the Governor emphasized the implementation of reforms regarding the automation of border crossings, customs and taxes.
The Ambassador praised the new building of the Central Bank, as the Governor invited him to attend the opening ceremony of the building upon its completion. LINK
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Central Bank of Iraq
The Governor of the Central Bank welcomes the opening of branches of British banks inside Iraq LINK
The Central Bank announces the implementation of automation for three government institutions LINK
The Central Bank announces the implementation of automation for three government institutions LINK
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Samson: THE CENTRAL BANK ANNOUNCES THE IMPLEMENTATION OF AUTOMATION FOR THREE GOVERNMENT INSTITUTIONS
Today, Monday, the Governor of the Central Bank, Mustafa Ghaleb Mokhif, confirmed the implementation of automation for three government institutions.
And the media of the Central Bank of Iraq said in a statement received by the "National News Center", "The Governor of the Central Bank, Mustafa Ghaleb, met the British Ambassador in Baghdad, Mark Bryson, and banking relations and ways to develop them were discussed."
He added, "The governor welcomed the opening of branches of British banks in Iraq and the opening of opposite accounts to facilitate trade exchange between the two countries."
The governor stressed the need to “implement reforms regarding the automation of border crossings, customs and taxes.” While the ambassador stressed “the importance of banking cooperation and providing technical assistance to the Central Bank of Iraq, especially in the field of financial digitization,” praising the “new building of the Central Bank.
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MilitiaMan: These two articles Samson brings area both full of the goods.. They touched on the white papers, economic reforms and the priorities of implementation.
They know that the border crossings, customs and taxes are extremely high in revenue earnings. With the digitization of the financial system along side three government institutions is more evidence they are going international.
The CBI and Government are now on the same level playing field and can track the money via new FinTech and Blockchain.
They have launched the Digital System back 10/31/2021. It is utterly transparent, and it is an apparent necessary thing to have prior to fully being Article 8, imo... There is no going back now.
They have full intention of changing their exchange rate to meet all international standards.
Automation of the borders will usher in the WTO once the REER (Real Effective Exchange Rate) is exposed. imo..
We are in an awesome place. ~ MM
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