PM Barzani Urges Stronger Coordination to Eliminate Money Laundering, 20 OCT
ERBIL — Kurdistan Region Prime Minister Masrour Barzani on Thursday received the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, to stress the need to strengthen bilateral cooperation to uproot money laundering in the country.
During the meeting, the two officials underscored the importance of cementing coordination between the Kurdistan Region and federal government of Iraq, the Central Bank of Iraq in particular, to conduct comprehensive banking reforms, eliminate financial irregularities and money laundering across the country.
They emphasized the growing need to establish a stable and diversified economy, and agreed that continued cooperation between the two sides is essential for the development of the economy and stability throughout Iraq.
The Kurdish leader thanked the Central Bank of Iraq for its support and cooperation in helping develop the "my account program" in the Kurdistan Region, which is designed to transition salary payments of Kurdistan's civil servants into electronic payment.
The prime minister stressed that the development of the Kurdistan Region should be viewed as advancement of all Iraq and contribution to the common good of all peoples in the country.
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