HomeKeywords: our ultimate goal of financial stability2/28/2016 0:00 [rtl] BAGHDAD - Hussein al - Tamimi Tgb Shokran Fatlawi confirmed d. On the Keywords that the Central Bank is working to be the first institution in Iraq , using the best technologies and regulations governing the work of the banking sector. He added Keywords Speaking on the sidelines of a seminar of the Institute of progress for Development Studies addressed the strategic central bank: the strategy launched by the Central recently , were the first in the history of Iraq in terms of content and method of preparation, as the first plan went through all the stages that require going through theplan, noting that he will be an active and a real role on the ground it has been adopted for implementation and follow - up mechanisms. Central functions he said the strategy announced took into account expansion in the framework of the central functions and emerged from our perception of the economic framework of the country after the shift to a free market economy and the significant role that will fall on the private sector in thejoints of the management of the economy, pointing out that they were built according to the preamble to the central bank law aimed at price stability and achieving sustainable development. He noted that the strategy includes five goals quoted the central focus on monetary policy to other aspects, pointing to cooperate with the Iraqi private banks association to foster awareness and education campaign targeting the Iraqi street , theimportance of banking transactions. Mehdi al - Hafez said in his welcoming speech to the need to look at the subject of Alstrtejah launched by the Central Bank for five years and announced the Keywords, referring to it is rich in substance go banking work in theright direction in the future. a positive step , in turn , said Ali Tariq , executive director of the Association of private banks in Iraq: that the launch of the strategy at this time is apositive step task will determine the vision of the Iraqi Central Bank, in addition to thecentral plans towards the banking sector, noting to contained many points aimed at thedevelopment of the banking private sector, pointing to the willingness of the Association to cooperate in the paragraphs that need to be combined private banking efforts with theCentral Bank of the application. Tariq said that many of the important things that have been neglected previously gave the central bank 's priority in Strutijeth this is an issue task, noting that this approach expands the horizons of cooperation between the central and private banks in order to achieve economic viability of Iraq. defining roles returned Governor of the Central Bank says that among the strategic objectives of financial stability where we read on the challenges facing this side and we seek to put her plan incollaboration with several views and defining roles and establishing a basis for theevaluation of assets is an important financial institutions and their role in the face offinancial crises. calendar banks on the subject of censorship , he said: it is an important aspect of the work of central banks, pointing to the hiring of an international center to evaluate the banks in terms of the physical aspects, warning of the importance of protect the financial system , where it is exposed to crimes such as money laundering, referring to the exceptional effort in the preparation of money based laundering law on the basis of international standards to be acceptable at the international level. sell the currencyKeywords revealed the contract with the Office of international scrutiny to develop procedures for the sale of currency «dollar» to control on dollar cash flow, also pointed out that the central focus on the topic of financial inclusion for the positive role in theeconomic life, referring to the quest to develop the financial sector and small and medium-sized projects that we will have an integrated legal framework, as well as work to stimulate Islamic banking field , which is expanding in Iraq. He said the establishment of guarantee deposits in the banking institution, as we are now close to passing a law it will pass in the House, pointing to the continuing efforts to develop a universal banking system , which represents a significant shift for the work of the central bank. That there was extensive discussion by the participants on the strategic challenges and implementation mechanisms, also answered questions Keywords on banks regarding strategy.[/rtl] [rtl][You must be registered and logged in to see this link.][/rtl] |
Keywords: our ultimate goal of financial stability
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