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Governor of the Central Bank: A deliberate banking plan has been developed to strengthen the national currency


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Governor of the Central Bank: A deliberate banking plan has been developed to strengthen the national currency
  
(Baghdad: Al Furat News) The Governor of the Central Bank, Mustafa Ghaleb al-Kitab, met with the head of the Supreme Judicial Council, Faik Zaidan.

During the meeting, the governor of the Central Bank confirmed, according to a statement from his media office, that "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency and address negatives in cooperation with the courts specialized in joint work with the central bank."

In turn, the President of the Supreme Judicial Council stressed during the meeting that "the selection of independent personalities from among the employees of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as stressing the importance of preserving the independence of the Central Bank in accordance with the constitution and the law of the Central Bank of Iraq", stressing "The need to adhere to banking laws, the law against money laundering and terrorist financing, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."

Mohameed

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The new Central Bank Governor, Mustafa Al-Kuttab, revealed, on Thursday, that a "deliberate banking plan" has been developed to develop the bank’s work, strengthen the national currency and address negatives, while the President of the Supreme Judicial Council, Judge Faik Zaidan, stressed the need to adhere to banking laws and the anti-money laundering and terrorist financing law.

The media office of the Central Bank said in a statement that Alsumaria News received a copy of, that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met with the President of the Supreme Judicial Council, Judge Faik Zaidan."

The statement quoted the book as saying that "a deliberate banking plan has been developed that will develop the central bank's work, strengthen the national currency and address negatives in cooperation with the courts specialized in joint work with the central bank."
 

For his part, Zaidan said, "The selection of independent personalities from among the affiliates of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state, as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Iraqi Central Bank Law."

Zidan stressed, "The necessity of adhering to banking laws, the anti-money laundering and terrorist financing law, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."
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Part of the meeting of the Central Bank Governor, Mustafa Ghaleb (left), with the President of the Supreme Judicial Council, Faik Zidan
  

 Banks


Economy News - Baghdad

On Thursday, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met with the President of the Supreme Judicial Council, Judge Fayeq Zidan.

In a statement received by Al-Eqtisad News, the Central Bank said, "During the meeting, His Excellency the Governor of the Central Bank confirmed that a thoughtful banking plan had been developed that would develop the work of the central bank, strengthen the national currency and address negatives in cooperation with the courts specialized in joint work with the central bank."

In turn, the President of the Supreme Judicial Council stressed during the meeting that "the selection of independent personalities from among the employees of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the law of the Central Bank of Iraq," according to Statement.

 Zidan stressed "the necessity of adhering to banking laws, the anti-money laundering and terrorist financing law, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."

 
 
Number of observations 35   Date of addendum 09/17/2020
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Governor of the Central Bank of Iraq: Developing a deliberate banking plan to strengthen the national currency

Governor of the Central Bank of Iraq: Developing a deliberate banking plan to strengthen the national currency
Part of the meeting with the Governor of the Central Bank of Iraq, Mustafa Ghaleb, Chairman of the Supreme Judicial Council, Faik Zaidan
 17 September 2020 02:46 PM

Mubasher: The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met today, Thursday, with the President of the Supreme Judicial Council, Faik Zaidan.

During the meeting, the governor of the Central Bank confirmed, according to a bank statement, that a thoughtful banking plan had been put in place; It would develop the work of the central bank, strengthen the national currency, and address negatives, in cooperation with the courts specialized in joint work with the central bank.

In turn, the President of the Supreme Judicial Council affirmed that the selection of independent personalities from among the employees of state institutions to run these institutions gives an indication of the government's seriousness in following the professional institutional approach in building the state.

Zidan added, in addition to stressing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Iraqi Central Bank Law.

The Central Bank Governor stressed the need to adhere to banking laws, the anti-money laundering and terrorist financing law, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development.

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The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, announced, on Thursday, the development of a studied banking plan to develop the bank's work and strengthen the national currency.

The bank said in a statement that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb al-Kitab, met with the President of the Supreme Judicial Council, Judge Dr. Faik Zaidan."

The statement added, "During the meeting, the governor of the Central Bank confirmed that a deliberate banking plan had been developed that would develop the work of the central bank, strengthen the national currency, and address negatives in cooperation with the courts specialized in joint work with the central bank."

During the meeting, the President of the Supreme Judicial Council stressed, according to the statement, that “the selection of independent personalities from among the employees of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the law of the Central Bank of Iraq.” .

Zidan stressed "the need to adhere to banking laws, the law against money laundering and terrorist financing, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."

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The first move of the new Iraqi central bank governor
 

Baghdad - People  

The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, announced, on Thursday, the development of a studied banking plan to develop the bank’s work and strengthen the national currency.  

  

The bank said in a statement, "Nass" received a copy of it, (September 17, 2020), that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met with the President of the Supreme Judicial Council, Judge Dr. Faiq Zaidan."  

"During the meeting, the governor of the Central Bank confirmed that a deliberate banking plan had been developed that would develop the work of the central bank, strengthen the national currency and deal with negatives, in cooperation with the courts specialized in joint work with the central bank," Al-Baya added.  

During the meeting, the President of the Supreme Judicial Council stressed, according to the statement, that "the selection of independent personalities from among the employees of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Central Bank of Iraq law." .  

Zidan stressed "the necessity of adhering to banking laws, the anti-money laundering and terrorist financing law, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."  

  

On Monday, Prime Minister Mustafa Al-Kazemi made changes to a number of important positions, which included 16 personalities in senior positions.    

And "People" (September 14, 2020), obtained a copy of a document, which included the changes that Al-Kazemi made in a number of bodies, banks, the secretariat and agencies of a number of ministries.    

The document included the following changes:    

Mustafa Ghaleb Makheif - Governor of the Central Bank    

Manhal Aziz Raouf Al-Haboubi - Secretary of the Capital    

Sami Al-Masoudi - Head of the Hajj and Umrah Authority    

Alaa Jawad Kazem - Head of the Integrity Commission    

Salem Jawad Abdul Hadi Chalabi - President of the Iraqi Trade Bank    

Faisal Wissam - Chairman of the Securities Commission    

Soha Dawood Elias Al-Najjar - Chairman of the Investment Authority    

Nizar Qahtan Hassan Al-Tamimi - Deputy Minister of Electricity for Distribution and Transportation Affairs    

Talib Abdullah - Technical Agent at the Ministry of Transport    

Hussein Hassab Abdul Hussein - Administrative and Financial Agent at the Ministry of Interior    

Abeer Mahdi Mohsen Chalabi - Deputy Minister of Labor for Social Affairs    

Ahmed Hamid Sharqi Farhan - Deputy Minister of Labor for Labor Affairs    

Abdul Rahman Hassan Khaled - Deputy Minister of Youth and Sports    

Khaled Al-Obeidi - Deputy Head of the Intelligence Service for Operations Affairs    

Faleh Younis Hassan Jadou - Deputy Head of the National Security Agency for Administrative Affairs    

Karim Hussein Ali Al-Nouri - Deputy Minister of Immigration and Displacement.    

  

  

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1 hour ago, stanleypower said:

Hopefully they don’t mean from 1190 to 1180

 

true that SP , the iqd rate was 1187 for a long time, one can only hope thats not the Plan .

shabibi would use the term giving the iqd power or making it powerful , a higher rate inside iraq gives the users purchasing power outside the border reveals how strong any currency rate is in international commerce which is where iqd speculators / investors hope resides ..

 cheers , letsroll

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