[rtl]On Monday, the head of the Center for Political Thinking, Ihsan al-Shammari, described the appointment of Ali al-Alaq as governor of the Central Bank as a "step in the right direction."
Al-Shammari said in a press statement, "Al-Alaq as a personality succeeded in raising the value of the Iraqi dinar and making the exchange rate approximately 112 thousand dinars per 100 dollars, and contributed very significantly to lifting international monitoring and the warnings that were imposed on the Iraqi Central Bank and Iraqi banks.
He added, "Al-Alaq also contributed to the issue of limiting fictitious banks and canceled many imaginary bank licenses, and during his work in the Central Bank of Iraq, the financial stock increased and prevented the disposal of the funds of the Central Bank of Iraq.”
He continued, "I see his appointment as governor of the bank a step in the right direction with regard to monetary policy."
He pointed out that "
Al-Shammari believed, "The installation of Al-Alaq is a step that can make a difference in the level of this great collapse that we are going through."
He explained, "I imagine that although the installation of Al-Alaq is an internal measure by Prime Minister Muhammad Shia'a Al-Sudani to absorb popular resentment as a result of the collapse of the dinar; but I think it is a message to the outside specifically, that there is a possibility of dialogue with the US Federal Reserve through a figure who previously dealt with the United States." the United States and the international community on the financial side.
And he concluded, "Al-Alaq was classified by many international questionnaires as having advanced positions in financial policies, and all of this provides an opportunity for a new financial policy that can save the country."[/rtl]
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