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Al-Sudani: The Association of Exchange Companies pledged to sell foreign currency at the official rate
Policy 2023-08-03 | 06:06
13,713 views
Alsumaria News - The policy of the Prime Minister, Muhammad Shia' al-Sudani, directed today, Thursday, all financial institutions, to adhere to work in accordance with what was stated in the Central Bank of Iraq Law No. 56 of 2004, while the Association of Exchange Companies pledged to sell foreign currency to citizens at the official rate.
The media office of the Prime Minister stated, in a statement received by Alsumaria News, that
"in confirmation of the government's approach to continue reforming the financial and banking sector, and to complement the efforts made by the regulatory agencies and financial institutions concerned with controlling transparency and integrity in this vital sector, Prime Minister Muhammad Shiya directed Al-Sudani, all concerned institutions, to adhere to work in accordance with what was stated in the Central Bank of Iraq Law No. 56 of 2004. He pointed out that
"the Central Bank of Iraq is the only body that has the authority to take all measures to regulate and control the work of banks and non-banking financial institutions to ensure their compliance." The statement added,
"The Association of Exchange Companies took the initiative to pledge to work seven days a week to sell foreign currency to citizens at the approved official rate, according to the regulations and instructions of the Central Bank."
In order to follow up on the work of companies and banks, the statement indicated that
"it was decided to form a permanent committee that includes representatives of the Central Bank, the Prime Minister's Office, and the Association of Exchange Companies, to address the obstacles in the work of this sector."
https://www.alsumaria.tv/news/politics/463625/السوداني-رابطة-شركات-الصرافة-تعهدت-ببيع-العملة-الأ
Policy 2023-08-03 | 06:06
13,713 views
Alsumaria News - The policy of the Prime Minister, Muhammad Shia' al-Sudani, directed today, Thursday, all financial institutions, to adhere to work in accordance with what was stated in the Central Bank of Iraq Law No. 56 of 2004, while the Association of Exchange Companies pledged to sell foreign currency to citizens at the official rate.
The media office of the Prime Minister stated, in a statement received by Alsumaria News, that
"in confirmation of the government's approach to continue reforming the financial and banking sector, and to complement the efforts made by the regulatory agencies and financial institutions concerned with controlling transparency and integrity in this vital sector, Prime Minister Muhammad Shiya directed Al-Sudani, all concerned institutions, to adhere to work in accordance with what was stated in the Central Bank of Iraq Law No. 56 of 2004. He pointed out that
"the Central Bank of Iraq is the only body that has the authority to take all measures to regulate and control the work of banks and non-banking financial institutions to ensure their compliance." The statement added,
"The Association of Exchange Companies took the initiative to pledge to work seven days a week to sell foreign currency to citizens at the approved official rate, according to the regulations and instructions of the Central Bank."
In order to follow up on the work of companies and banks, the statement indicated that
"it was decided to form a permanent committee that includes representatives of the Central Bank, the Prime Minister's Office, and the Association of Exchange Companies, to address the obstacles in the work of this sector."
https://www.alsumaria.tv/news/politics/463625/السوداني-رابطة-شركات-الصرافة-تعهدت-ببيع-العملة-الأ
