Iraq Excels in Controlling Dollar Sales, Says Central Bank Governor

Ali Al-Alaq, the Central Bank Governor, announced that Iraq has emerged as a leader in dollar sale management, characterized by transparency and precision. He warned against the effects of false media narratives on Iraq’s interests, while urging for greater media focus on these positive developments. International confidence in Iraq’s banking sector is deemed crucial for its financial growth.

In a recent statement, the Governor of the Central Bank of Iraq, Ali Al-Alaq, affirmed that Iraq has distinguished itself in effectively managing dollar sales. He highlighted that this process is marked by transparency and precision, allowing citizens to accurately verify their documents during their international travels. Al-Alaq emphasized that this control mechanism is recognized by international experts as one of the most disciplined and transparent in the world.

Furthermore, Al-Alaq cautioned against the impact of misinformation, asserting that it can adversely affect Iraq’s interests and the functionality of the banking sector. He stressed the significance of taking pride in the substantial advancements Iraq is experiencing. The Governor reiterated that both the government and the Central Bank are diligently working to create practices that align with international standards, underscoring the need for media to highlight these accomplishments.

Al-Alaq pointed out that showcasing these developments is crucial in bolstering international confidence in Iraq’s banking system, which is essential for the continued progress of the nation’s financial infrastructure.

In summary, Iraq is making significant strides in controlling dollar sales, as recognized by international experts. Governor Al-Alaq’s statements underscore the importance of transparency, media representation, and the establishment of sound banking practices aligned with global standards. Continued attention to these developments can enhance international trust in Iraq’s banking sector and support further advances in the financial system.

Original Source: ina.iq