The Central Bank Governor emphasizes the importance of implementing the banking reform plan in accordance with international standards.
The Central Bank Governor emphasizes the importance of implementing the banking reform plan in accordance with international standards.
6-24-2026
Central Bank Governor Nizar Nasser stressed on Wednesday the importance of implementing the banking reform plan in accordance with international standards.
The bank stated in a statement that “the Governor of the Central Bank of Iraq, Nizar Nasser Hussein, received the Chargé d’Affaires of the US Embassy in Iraq, Joshua Harris, who congratulated the Governor on assuming the position.”
The statement continued, “During the meeting, prospects for strengthening the strategic partnership and common issues between the two countries were discussed, and the importance of supporting monetary and economic stability was emphasized, in line with the requirements of political and security stability in Iraq.”
Harris affirmed “the United States’ keenness to strengthen its relations with Iraq and support everything that would consolidate stability and keep the country away from any factors that might contribute to destabilizing its situation,” praising “the significant reform developments pursued by the Central Bank of Iraq, and the distinguished and productive relations that it has with the US Treasury Department and the Federal Reserve.”
For his part, the governor expressed his appreciation for the relationship between the Central Bank of Iraq and the United States Treasury and Federal Reserve, while also emphasizing the importance of implementing the banking reform plan and adapting it to serve the interests of the Iraqi banking sector, in accordance with international standards related to banking operations.
Foreign transfer, and regulating the sale of dollars in accordance with best practices required of the banking sector.”
At the conclusion of the meeting, Harris expressed “full readiness to continue supporting the efforts of the Central Bank of Iraq, enabling it to achieve its goals in promoting financial and monetary stability.”
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