********************* Advisor to the Prime Minister calling for the establishment of economic institutions in accordance with the laws of the banks

BAGHDAD / justice - 03/24/2015 - 19:29

Economic Adviser to the Prime Minister called on the appearance of Mohammed Saleh stakeholders economic aspect to the creation of economic institutions in accordance with the approved international banking laws.

Said Saleh told the Euphrates News} {that "it is necessary to work obsolete good to keep the financial system in Iraq, and the establishment of institutions according to banking laws to protect workers and depositors."


 He added that "the Iraqi economy needs to be a serious stand to promote it, and the advancement of the banking work in general."

 It is said that the Iraqi Central Bank announced, earlier in his initiation legislation Deposit Insurance Act, and coverage of bank accounts abroad to the US dollar, the line with the central bank tasks and responsibility in supporting the development and stimulate the Iraqi economy, the Bank took a number of decisions, including speeding up the legislation of the Deposit Insurance Law and approve the appointment of a representative of the private banks in the central bank's management.


http://www.aladalanews.net/index.php?show=news&action=article&id=126259

Prime Minister Dr. Haidaralebadi emphasizes the need for a well-developed banking system in Iraq







23/03/2015


Mr. Prime Minister, Dr. Haider al-Abadi, received in his office on Monday, Governor of the Central Bank, Mr. Ali Keywords.

During the meeting, they discussed the work of the central bank's strategy for the coming period and the control of the Iraqi dinar exchange rate against foreign currencies.

Mr. Prime Minister, stressed the importance of maintaining the independence of the central bank and that works to promote the financial and economic reality of the country and draw financial and economic policies that enable us to move forward towards what we aspire to.

He referred to the importance of the banking system to Iraq sophisticated comparable to developed countries, stressing the need to put the control of the Iraqi dinar exchange rate mechanisms.


Information Office of the Prime Minister

March 23, 2015


http://pmo.iq/press2015/23-3-2015.htm