A law that specifies 5 conditions that must be met by the candidate for governor of the Central Bank
Al-Bawi stated in an interview with “Jarida” that the selection of any individual for a position of responsibility must be based on solid principles, primarily integrity, followed by scientific expertise, administrative experience, and the courage to make bold decisions, especially in light of the challenging economic situation that the Iraqi economy is currently facing.
“The candidate needs to propose innovative and practical solutions to prevent the further appreciation of the US dollar and the devaluation of the Iraqi dinar. They should also ensure that the political leaders provide assurances for the restructuring of the central bank and other financial institutions and eliminate any corrupt practices that are currently impacting the currency auctions.”
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