The Governor of the Central Bank of Iraq, Ali Al-Alaq, declared that Iraq has excelled in regulating dollar sales, lauded for its transparency and control. He warned against misinformation harmful to Iraq’s banking interests and stressed the need to communicate these advancements for boosting international confidence in the financial system.

Ali Al-Alaq, the Governor of the Central Bank of Iraq, announced that Iraq has improved its control over the sale of the dollar. He stated that this process is conducted with “transparency and accuracy,” allowing citizens to confirm their documents and travel smoothly. International experts have lauded this approach as the most disciplined and controlled in the world.

Al-Alaq emphasized the negative impact that misinformation and media distortion could have on Iraq’s banking sector. He called for pride in the country’s advancements, highlighting the government’s commitment to international standards and sound banking practices.

He urged the importance of showcasing these developments in the media, stating that they bolster international confidence in the banking sector, which is crucial for the ongoing evolution of Iraq’s financial system. This enhanced trust is essential for the further development of Iraq’s economy and banking practices.

Iraq, under the leadership of the Central Bank, is making significant strides in dollar sale regulation, praised for its transparency and control. Emphasizing the importance of accurate media representation, these developments are positioned to foster increased international trust in Iraq’s banking sector, vital for its economic progress.

Original Source: ina.iq