The Ministry of Finance is discussing with the Central Bank ways to increase the value of the Iraqi dinar
Shafaq News / Today, Thursday, the Parliamentary Finance Committee discussed with the Central Bank of Iraq monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.
This came in a meeting held by the committee, headed by Atwan Al-Atwani and attended by its members, with the Governor of the Central Bank, Ali Al-Alaq, according to a statement issued by Parliamentary Finance.
At the beginning of the hosting, which was held at the committee’s headquarters, Al-Atwani stressed the importance of following up on the economic file and monetary policy, based on the supervisory aspect, and finding appropriate solutions to the obstacles facing the work of the Central Bank.
The Finance Committee also expressed its aspiration to coordinate with the Central Bank in order to increase the value of the Iraqi dinar, control the market in order to alleviate the burdens of citizens, and address the deficit.
For his part, the Governor of the Central Bank reviewed the economic and monetary aspects, pointing out the establishment of basic rules in order to monitor the remittance process and analyze monetary operations.
The statement continued that the committee discussed with the Governor of the Central Bank the approved international standards, future plans to improve the status of banks, the possibility of expanding relations with international banks, drawing up the structure of banks, and moving towards the electronic payment process, in addition to the possibility of amending the Central Bank law.
Shafaq.com