SUDANESE ADVISER: THE BATTLE OF THE DOLLAR IS COMING TO AN END
Al-Rikabi said in a post on the X platform, followed by Earth News: “The reform plans for the financial and banking system carried out by the government and the Central Bank of Iraq aim to build strong pillars for the stability of the economy and pave the way for creating a climate conducive to investment, and ending the eras of illegal trade, dollar smuggling and speculative operations in the market.”
“In short, the battle for the dollar is coming to an end,” he added.
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MOODY’S MAINTAINS IRAQ’S RATING AT “CAA1″… WHAT DOES THIS MEAN?
Moody’s credit rating agency maintained its rating for Iraq’s economy at the level of “Caa1” and maintained a stable future outlook.
The agency said in its report that the classification comes under accreditation economic, financial and external impact on the oil and gas sector, resulting in significant exposure to oil price fluctuations and carbon transition risks.
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UNITED NATIONS: WE SEEK COOPERATION WITH IRAQ TO MAKE THE FINANCIAL FUTURE A SUCCESS
The Resident Representative of the United Nations Development Program in Iraq, Oki Lootsma, confirmed today, Monday, the pursuit of cooperation with Iraq to make the financial future a success.
Lootsma said in his speech during the conference launching the Financial Investigation Procedures Guide, which was attended by the Iraqi News Agency (INA) correspondent: “The United Nations Development Program is honored to cooperate with Iraq to enhance financial integrity and the success of the financial future in Iraq, as well as achieving long-term continuity. We declare the fight against organized crime.” And combating money laundering, which is very important.”
He added, “The process of drafting the guide highlights a large cooperative program for the 11 institutions that guarantee the judiciary, integrity, the Financial Supervision Bureau, offices for combating organized crime, and the relevant institutions, as well as the institution of this work.”
He continued: “We are pleased with the great cooperation that will lead to important results.
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