Iraq Achieves Global Recognition for Dollar Sale Regulation

Ali Al-Alaq, the Central Bank Governor, announced that Iraq has excelled in controlling dollar sales. The process is characterized by transparency and accuracy. Al-Alaq warned against misinformation that could negatively affect the banking sector and highlighted the importance of showcasing Iraq’s achievements to enhance international confidence in its financial system.

The Governor of the Central Bank of Iraq, Ali Al-Alaq, declared that Iraq has distinguished itself among global leaders in regulating dollar sales. During a statement to the Iraqi News Agency, he asserted that the process is conducted with remarkable transparency and precision, enabling citizens to confirm their documents while traveling abroad. He emphasized that this controlled framework, recognized by international experts, stands out as the most disciplined in the world.

Al-Alaq also cautioned against the impact of misinformation and media misrepresentation, stating that such narratives could harm Iraq’s interests and its banking sector. He stressed the significance of celebrating the progress Iraq is making. Additionally, he mentioned that the government and the Central Bank are committed to establishing robust practices that meet international standards.

Furthermore, he called for greater media exposure of these achievements, indicating that highlighting the economic transformations occurring in Iraq will bolster international confidence in the banking sector. Such confidence is crucial for the ongoing advancement of Iraq’s financial system.

In conclusion, Iraq is making notable strides in the regulation of dollar sales under the leadership of Central Bank Governor Ali Al-Alaq. The transparency and accuracy of these operations have garnered recognition from international experts. While emphasizing the need for media support, Al-Alaq advocates for public confidence in Iraq’s banking sector, which is essential for further financial development.

Original Source: ina.iq

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Sofia Nawab is a talented feature writer known for her in-depth profiles and human-interest stories. After obtaining her journalism degree from the University of London, she honed her craft for over a decade at various top-tier publications. Sofia has a unique gift for capturing the essence of the human experience through her writing, and her work often spans cultural and social topics.

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