PM’s Advisor: Iraq economy is strong and moving towards improvement

 
 
 
Baghdad-INA
 
The Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, on Tuesday, revealed in numbers the volume of daily financial transfer through the window of the Central Bank and Iraq's hard currency reserves, while indicating that Iraq's economy is strong and moving towards improvement.
 
Saleh told the Iraqi News Agency (INA): "The Iraqi financial sector is living in a transitional circumstance, which includes several goals, like reducing the value of the dollar against the dinar from 1,450 dinars per dollar to 1,300 dinars per dollar," noting that “there are currently no ambiguity in the financial external transfers or intersection with the international compliance".

He emphasized that "The economic situation is gradually improving as long as there is freedom in the transferring process that must be subject to compliance," noting that "during the next few weeks or months, the official exchange rate will match with the parallel."
 
 
He pointed out that "The packages launched by the Central Bank are smart and give reassurance to the Iraqi citizen," noting that "we have entered the stage of digital payments correctly in Iraq."