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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Keywords: The Central Bank has taken a package of measures to reform the banking sector

    Rocky
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    Keywords: The Central Bank has taken a package of measures to reform the banking sector Empty Keywords: The Central Bank has taken a package of measures to reform the banking sector

    Post by Rocky Fri 10 Feb 2023, 2:04 pm

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    Baghdad - INA 
    Central Bank Governor Ali Mohsen Ismail Al-Alaq confirmed today, Friday, that the Central Bank has taken a package of measures to reform the Iraqi banking sector and develop its work in line with international standards.

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    A bank statement received by the Iraqi News Agency (INA) said: "The Governor of the Central Bank of Iraq, Ali Mohsen Ismail Al-Alaq, met with the Executive Director of the International Monetary Fund, Mahmoud Mohieldin, on the sidelines of his visit to Washington, DC."
    The statement added, "During the meeting, aspects of bilateral cooperation were discussed in a way that serves the interest of the Iraqi economy and monetary policy, as well as ways to develop the Iraqi banking sector."
    Al-Alaq confirmed, according to the statement, that "the Central Bank of Iraq has taken a package of measures to reform the Iraqi banking sector and develop its work in line with international standards, which will reflect positively on Iraq's international trade and the national economy."
    He added, "The Central Bank continues its measures in combating money laundering and terrorist financing, by taking a set of decisions that support these measures, which reflected positively on Iraq's ratings in this field."
    In turn, the Executive Director of the International Monetary Fund, Mahmoud Mohieldin, confirmed that "the International Monetary Fund continues to provide technical support to the Central Bank of Iraq in various fields."
    The statement concluded, "The central bank governor is currently visiting Washington, including an official government delegation, to start official talks with the US Federal Bank."[/size]
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