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The Central Bank announces the creation of the "International Organizations and Foreign Relations" section

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The Central Bank announces the creation of the "International Organizations and Foreign Relations" section

Economy     17-04-2023, 09:42
Baghdad - conscious

The Central Bank of Iraq announced today, Monday, the creation of the Department of International Organizations and Foreign Relations.

The Media Office of the Central Bank said in a statement received by the Iraqi News Agency (conscious), that

"the governor of the Central Bank, Ali Mohsen Al -Alaq, and the accompanying delegation met the regional representative of the World Bank Farid Balha Al -Hajj and his executive team, as part of the World Bank meetings and the International Monetary Fund in Washington."  He added,

"The meeting dealt with researching the reality of the Iraqi banking sector and enhancing the concept of financial inclusion in the country through special programs with international institutions.

The two parties also discussed the recent measures carried out by the Governor of the Central Bank of Iraq in combating money laundering and terrorist financing, as well as accelerating banking reforms for banks Government, 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, which is to lend citizens to purchase solar energy systems and cooperate with government agencies to ensure the quality of systems,"

calling for "technical support and benefit from the expertise of the World Bank in expanding the Central Bank initiative to lend projects Small in light of the successful experiences of other countries."  He pointed out that

"the creation of the Department of International Organizations and Foreign Relations, which is related to the Governor of the Central Bank to organize, promote and follow up on relations, programs and memoranda of understanding with organizations and foreign authorities."

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


https://www.ina.iq/183122--.html

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