Central Bank: report of the International Monetary supports our goals

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Informed banking sources said that the report on the acts of the Executive Board of the International Monetary Fund last May endorsed the central bank’s target Iraqi central goal of liberalization of the foreign exchange market.

The sources said: that what has been recently taken steps to simplify the rules of the market regulatory Born satisfaction of the Executive Council of the progress made by the central bank recently in the context of strengthening banking supervision and efforts in restructuring Rasheed and Rafidain bank.

The report was issued by the International Monetary Fund for Iraq, has recommended that the pace of structural reform to boost growth and job creation in the private sector, and the need to continue the good governance of foreign reserves at the Central Bank of Iraq and the Development Fund for Iraq.

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