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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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    The Central Bank creates the "International Organizations and Foreign Relations" section

    Rocky
    Rocky
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    The Central Bank creates the "International Organizations and Foreign Relations" section Empty The Central Bank creates the "International Organizations and Foreign Relations" section

    Post by Rocky Mon 17 Apr 2023, 7:21 am

    [size=46]The Central Bank creates the "International Organizations and Foreign Relations" section[/size]


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    Economy

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    Today, Monday, the Central Bank of Iraq announced the creation of the International Organizations and External Relations Department.

    The media office of the central bank stated in a statement, that "the governor of the central bank, Ali Mohsen Al-Alaq, and his accompanying delegation met with the regional representative of the World Bank, Farid Belhaj, and his executive team, as part of a series of meetings of the World Bank and the International Monetary Fund in Washington."

    He added, "The meeting dealt with discussing the reality of the Iraqi banking sector and promoting the concept of financial inclusion in the country through special programs with international institutions, and the two parties also discussed the recent measures taken by the Governor of the Central Bank of Iraq in combating money laundering and financing terrorism, as well as accelerating banking reforms for government banks." and government support for reform in this vital sector.

    Al-Alaq stressed, according to the statement, "continuing to support the green economy and renewable energy through the clean energy initiative, represented by lending citizens to purchase solar energy systems and cooperating with government agencies to ensure the quality of the systems," calling for "technical support and benefiting from the expertise of the World Bank in expanding the central bank's project lending initiative." in light of the successful experiences of other countries.

    He pointed to "the creation of the Department of International Organizations and External Relations, which is linked to the Governor of the Central Bank to organize, strengthen and follow up relations, programs and memorandums of understanding with organizations and external parties."

    The regional representative of the World Bank expressed his cooperation "to build the functional and technical capacities of the Central Bank's employees in the field of banking supervision and control of electronic payment companies and non-bank financial institutions."
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