The Central Bank announces the lifting of all global barriers imposed

The Central Bank announces the lifting of all global barriers imposed

28/7/2018 12:00 am

Central Bank of IraqAl-Hadithi: continue to return money smuggled from abroad
Baghdad / conscious / morning
The Central Bank of Iraq revealed that its measures against currency smuggling, money laundering and terrorism financing have been praised by international financial organizations and the International Monetary Fund, calling for lifting all barriers previously imposed on Iraq.
The director of financial operations and debt management at the Central Bank of Iraq Mohammad Dagher told the Iraqi News Agency (INA): “The exchange rate of the US dollar against the Iraqi dinar is stable for the past six months,” denying what some media reported an increase in demand to buy the dollar During the current year to smuggle to some neighboring countries, noting that «in the month of June, sales of the dollar in the Central Bank of Iraq to half of monthly sales for the months preceding (April, March and February)», also confirming the decline in sales of the dollar in the first half of this year 2018 to w Last year’s sales of 2017.
Saad al-Hadithi, a spokesman for Prime Minister Haidar al-Abadi’s media office, confirmed that the government is continuing its work to recover the smuggled money, in addition to the financial assets found in international banks.
Al-Hadithi said in a press statement: “The government is seeking to recover all the Iraqi funds that are in the international banks, both under the former regime and in the current period.” He added that “there has been ongoing work and discussions since last years with governments of countries with financial assets for Iraq before 2003 “He explained that« the government is also seeking to recover money smuggled by corrupt officials, where there is cooperation between Interpol and the World Bank in terms of money smuggled and money laundering ».

alsabaah.iq