Baghdad – Mil
The Governor of the Central Bank, Ali Al-Alak, considered on Saturday that Iraq and Iraq adopts the most disciplined and controlled mechanism in the world to control the dollar, warning of the “media distortion” on the banking sector.
Al-Alak told the official agency that “Iraq has become today one of the best countries in the world in controlling the sale of the dollar, as this process is carried out with transparency and accuracy, and the citizen verifies through it his documents and leaving the country,” explaining that “this mechanism is the most disciplined, transparent and control in the world, as indicated by international experts.”
Al-Alak noted that “erroneous news and media distortion may harm the interest of Iraq and the banking sector,” stressing “the importance of being proud of the great developments in Iraq.”
He pointed out that “the government and the central bank are working hard to establish sound practices that are in accordance with international standards,” calling for “the need to highlight these achievements in the media.”
He pointed out that “highlighting these transformations and developments helps to strengthen international confidence in the Iraqi banking sector, which is vital to further develop the financial system in Iraq.”