AL-SUDANI: WE HAVE CONTROLLED THE SALE OF DOLLARS AND ARE WORKING TO REFORM THE BANKING SYSTEM.
Prime Minister Mohammed Shia al-Sudani confirmed the government’s control over dollar sales, and that financial transfers are conducted in accordance with internationally recognized procedures.
During a televised interview broadcast on Al-Sa’a Network, Al-Sudani stated that “the government has contracted with reputable international companies to reform the private banking sector.”
He added that “the Iraqi banking system operates transparently in accordance with international standards,” stressing that “we have reached the final stages of establishing the first Rafidain Bank, to develop the banking system and achieve development.”