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Keywords: The central bank intends to resume selling dollar cash through licensed banks in Nineveh

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Keywords: The central bank intends to resume selling dollar cash through licensed banks in Nineveh

political     Yesterday, 21:20
Baghdad - conscious

Today, Sunday, Prime Minister Muhammad Shia al-Sudani directed the central bank to make greater efforts to simplify procedures for citizens, while the governor of the central bank, Ali Al-Alaq, stressed the tendency to resume the sale of cash dollars through licensed banks in Nineveh Governorate.

The media office of the Prime Minister said, in a statement received by the Iraqi News Agency (INA), that

"Prime Minister Muhammad Shia' al-Sudani met today with the Governor of the Central Bank, Ali Mohsen Al-Alaq, in the presence of the advisors and the Director General of Investment in the bank," noting that

"during the meeting, the measures taken by the Central Bank were discussed regarding the

stability of the currency in the Iraqi market, and the
most prominent plans prepared to reform, develop and enable the banking sector;
to take its role in achieving sustainable development and facing challenges."  He added,

"The Prime Minister listened to clarifications about the most important facilities provided by the Central Bank, which include allowing small merchants and importing individuals to finance their imports without the need to establish a company, and that this be through government and private banks that have direct relations with correspondent banks."  The Prime Minister directed,

"The Central Bank to make greater efforts to simplify procedures for citizens, as it was stressed on implementing the content of the Council of Ministers' decision regarding the payment of installments for investment projects by allowing citizens to pay in Iraqi dinars for the values of housing units that they previously purchased in foreign currency."

The meeting witnessed an emphasis on proceeding with the measures that the Central Bank will take, related to compensating citizens and companies who buy dollars at the unofficial rate, through the Central Bank deducting the financial difference from banks and exchange companies that sold dollars at more than the price set in the bank, after the purchase from those companies is proven.

And revealed the central bank governor during the meeting, "the bank's intention to resume the sale of cash dollars through licensed banks in the province of Nineveh."


https://www.ina.iq/190045--.html

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