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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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    An economic welcome to restore professionalism and professionalism in the management of the Central

    Rocky
    Rocky
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    An economic welcome to restore professionalism and professionalism in the management of the Central  Empty An economic welcome to restore professionalism and professionalism in the management of the Central

    Post by Rocky Wed 10 May 2023, 4:56 am

    [rtl]An economic welcome to restore professionalism and professionalism in the management of the Central Bank of Iraq.. and expectations of qualitative growth[/rtl]

    economy  ,  2023/05/10 12:50  , the number of readings: 198 
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    [rtl]Baghdad-Iraq today:[/rtl]



    [rtl]Iraqi economic circles welcomed the new administration of the Central Bank of Iraq, after Dr. Ali Mohsen Ismail Al-Alaq assumed the position of governor, again, stressing that “the change that occurred at the top of this important institution made a qualitative difference, especially after the application of international standards for financial compliance, and also the qualitative development that is taking place throughout the country's important monetary institution.

    The expert and academic, Abbas Al-Shammari, said, “The proceeding with economic and monetary reforms within the Central Bank of Iraq is inevitable and necessary. Unfortunately, its implementation was delayed in previous periods, which caused obvious damage to the bank first, and then the entire activity.” the economist".

    And he added, “After the arrival of Dr. Al-Alaq, we noticed as observers that the rudder had changed, and that things began to take their right track, as the bank is now operating with an unusual activity, and also it has become keeping pace with major global economic and monetary institutions, in addition to qualitative facilities provided to the local market for the purpose of Activating the economic movement in general.And he pointed

    out that "activating electronic systems in the money circulation market, as well as entering the global Swift system, raised the classification of the Central Bank of Iraq among international financial and monetary institutions, and the bank's transactions became easy, smooth and highly transparent."

    While the expert and economic observer, Hossam Muhammad, counted that "the implementation of the first qualitative reform in the Central Bank of Iraq was through direct work on digitizing the bank's institution, and then entering a new era of monetary management, which is what the current governor, Dr. Ali Mohsen Al-Alaq, achieved Which subjected the monetary activity, and the currency auction, to the control of the competent state agencies, and to separate the real economic activity from others, and we began to see that the local currency auction was controlled, and there were fewer complaints about the existence of manipulation or acquisition by one party over the other, which constituted a quantum leap It is basic and bodes well,And it gives the observer and observer a good impression of the ability of this new administration to carry out professional and specialized work, and to move from the stage of randomness and poor international communication,

    And the international doubts that were accompanying the bank's activities led to a stage of positive cooperation, praise and confidence that the central bank has now firmly restored, and it is seeking more global support and backing.[/rtl]

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    [/rtl]

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