Iraq’s Central Bank Governor Highlights Success in Dollar Sale Management
The Governor of the Central Bank, Ali Al-Alaq, announced that Iraq excels in regulating dollar sales with transparency and discipline. He cautioned against misinformation that might harm Iraq’s financial interests and urged for media support to promote the country’s advancements, crucial for building international confidence in its banking system.
During a recent statement, the Governor of the Central Bank of Iraq, Ali Al-Alaq, asserted that Iraq ranks among the leading nations globally in managing the sale of the dollar. He emphasized that this process is executed with utmost transparency and accuracy, thereby allowing citizens to verify documents pertinent to their departure from the country. Al-Alaq highlighted that this mechanism is recognized by international experts as operating with exceptional discipline and control.
Al-Alaq cautioned that misinformation and media misrepresentation can adversely affect Iraq’s interests and the banking sector. He underscored the necessity for a collective sense of pride regarding the significant advancements being made in the country. Efforts are ongoing between the government and the Central Bank to implement sound practices aligning with international standards.
He encouraged the media to promote these achievements, asserting that they play a crucial role in bolstering international confidence in Iraq’s banking sector. Such confidence is vital for the continued evolution of the financial system in Iraq, which is essential for securing economic growth and stability in the region.
In summary, Ali Al-Alaq, Governor of the Central Bank, emphasizes Iraq’s significant strides in dollar sale management, marked by transparency and discipline. He calls for the media’s support in showcasing these developments to enhance confidence in the Iraqi banking sector, which is crucial for economic progress. Addressing misinformation is vital to safeguard Iraq’s interests and ensure sustainable growth.
Original Source: ina.iq
