Baghdad – Mil
President of the Republic Abdul Latif Jamal Rashid stressed on Sunday the need to develop a future strategy for fiscal policy.
The Media Office of the President of the Republic said in a statement that “President of the Republic, Abdul Latif Jamal Rashid, received, in Baghdad Palace, the Governor of the Central Bank, Ali Mohsen Al-Alak.”
He explained that “during the meeting, plans to reform and develop the government and private banking sector were reviewed, and the work of the central bank was supported to promote financial stability and achieve economic development.”
According to the statement, the President stressed the need for “a future strategy for fiscal policy according to clear transparent standards that contribute to the development of services provided to the citizen and build a sober banking sector.”
In turn, Al-Alak reviewed “the Central Bank’s plans and procedures aimed at developing the banking sector to play its role in facing economic challenges.”
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