Keywords: central bank contributed to the overrun put " at risk" in Iraq

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Twilight News Governor of the Central Bank on the Keywords / said on Wednesday that the bank played a "significant" role and "distinctive" in overcoming the financial situation, which he described the threat as a result of lower oil prices and the increasing costs of the war against Daesh.

Keywords interview came on the sidelines of the Iraqi banking forum held in Beirut, according to a statement of the bank responded to the Twilight News.

Keywords and said during his speech at the forum that "there is a high degree of confidence between Iraq and Lebanon as financial depth was born to translate the work of Lebanese banks work in Iraq despite the environment experienced by Iraq."

He said the bank's governor that "2016 was the most difficult because of what he fronted the country of security and economic conflicts and overcome them victories achieved on the terrorist gangs Daesh so we look forward to 2017 for the promise of victory to crush this organization Alarahpa poof This page dark."

He pointed to the bank's governor said "the coming days, invites us to be optimistic because of the improved economic conditions and financial indicators after the rise in oil sales prices and reduce the fiscal deficit, not to mention determination and rallying friends of Iraq from countries around the world to help in the construction of the liberated areas."

Keywords noted that "during the difficult events that prevailed in Iraq during the 2016 play's central bank a key role in the restoration of the financial situation that was dangerous because of Iraq's dependence on oil and the continuation of necessary expenses for the salaries of staff and military expenditures and displaced people, through the treasury transfers up to 20 trillion dinars."

And the central bank's position on the private banking sector drew the bank's governor said "the current phase is witnessing steps to strengthen trust between him and the banks through direct contact between the government and other institutions to shore up confidence in my work."

He continued by saying, "In this context, the Bank's work to increase the ceiling of credits and allow for the banking sector to participate in the resettlement of salaries for staff and convince the government to distribute salaries to the staff."

And between the central bank has taken a number of regulatory actions and the application of electronic programs and the application of strict rules on compliance with the rules of Anti-Money Laundering Act and the financing of terrorism has received international acclaim and led to get Iraq out of the gray area which enhances the confidence of financial transactions Iraq.

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