Central Bank: Forming an Iraqi-American committee to address violations of violating banks
The Governor of the Central Bank, Ali Al-Alaq, announced the formation of a committee with the Ministry of Treasury and the Federal Bank to address and correct the violations of the sanctioned banks.
Al-Alaq said in a press statement, “Washington praised Iraq’s measures in resolving 80% of the financial transfers file,” noting that “the Treasury Department and the Federal Reserve praised Iraq’s measures in the financial transfers file.”
He pointed out that “an international company has developed a road map to develop bank departments and improve their work technically.”
Al-Alaq noted that “the atmosphere of dialogues and discussions in Washington is very positive, and we have begun to enter into the details of the program plan and procedures that will be present soon through a delegation that will visit Iraq.”
Alforatnews.iq