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Governor of the Central Bank and Director of the International Monetary Fund discuss the development of the Iraqi banking sector
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2023-02-10 12:47
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Shafaq News / The Governor of the Central Bank of Iraq, Ali Al-Alaq, and the Executive Director of the International Monetary Fund, Mahmoud Mohieldin, discussed bilateral cooperation in a way that serves the interest of the country's economy and monetary policy, and ways to develop the Iraqi banking sector.
This came during a meeting between Al-Alaq and Muhyiddin, in Washington, on the sidelines of his visit to the American capital, according to a statement received by Shafaq News agency.
It is noteworthy that the governor of the Central Bank is currently visiting Washington as part of an official government delegation, headed by Iraqi Foreign Minister Fuad Hussein, in order to start official talks with the US Federal Bank.
Al-Alaq said, during the meeting, 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, Mohieldin confirmed, "The International Monetary Fund continues to provide technical support to the Central Bank of Iraq in various fields."
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2023-02-10 12:47
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Shafaq News / The Governor of the Central Bank of Iraq, Ali Al-Alaq, and the Executive Director of the International Monetary Fund, Mahmoud Mohieldin, discussed bilateral cooperation in a way that serves the interest of the country's economy and monetary policy, and ways to develop the Iraqi banking sector.
This came during a meeting between Al-Alaq and Muhyiddin, in Washington, on the sidelines of his visit to the American capital, according to a statement received by Shafaq News agency.
It is noteworthy that the governor of the Central Bank is currently visiting Washington as part of an official government delegation, headed by Iraqi Foreign Minister Fuad Hussein, in order to start official talks with the US Federal Bank.
Al-Alaq said, during the meeting, 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, Mohieldin confirmed, "The International Monetary Fund continues to provide technical support to the Central Bank of Iraq in various fields."
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