The new central bank governor: We have put in place a deliberate plan to develop work and strengthen the dinar
The new central bank governor: We have put in place a deliberate plan to develop work and strengthen the dinar
Posted, 2020-09-18
The new central bank governor, Mustafa Al-Kuttab, revealed, on Thursday, that a “deliberate banking plan” had been drawn up to develop the bank’s work, strengthen the national currency, and address negatives,
Meanwhile, the head of the Supreme Judicial Council, Judge Faiq Zaidan, stressed the need to adhere to banking laws and the anti-money laundering and terrorist financing law.
The Central Bank’s media office said in a statement, “The Governor of the Central Bank of Iraq, Mustafa Ghaleb al-Kitab, met with the President of the Supreme Judicial Council, Judge Faik Zaidan.”
The statement quoted the book as saying that “a deliberate banking plan has been developed that will develop the central bank’s work, strengthen the national currency and address negatives in cooperation with the courts specialized in joint work with the central bank.”
For his part, Zaidan said, “The selection of independent personalities from among the affiliates of state institutions to manage these institutions gives an indication of the government’s seriousness in pursuing the professional institutional approach in building the state, as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Iraqi Central Bank Law.”
Zidan stressed, “the necessity of adhering to banking laws, the anti-money laundering and terrorist financing law, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development.”
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