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KTFA
Clare » February 6th, 2024
Economist: Discordant voices benefited from the attack on private banks through the media
2/6/2024 Baghdad
The economic expert, Alaa Al-Fahd, on Tuesday a*****d those with discordant votes of inciting the street and the media against private banks to harm the national economy.
Al-Fahd said in a televised interview followed by Mawazine News, “These parties spread rumors that there are banking problems in the private sector in Iraq and that there is chaos and fraud,” pointing out that on “the ground there is nothing tangible from these rumours.”
He added, “Private banks began working since 2023 in financial development and transformation within a transitional phase from paper to electronic phase.”
Al-Fahd continued, “These parties, whether local or regional, are working to inflame the situation or spread false news to frustrate the resolve within banking institutions.” LINK
The Association of Banks talks about a conspiracy to hit the Iraqi economy through rumors
2/5/2024 Baghdad
Advisor to the Association of Private Banks, Samir Al-Nusairi, on Monday, a*****d malicious parties of tampering with the Iraqi economy and the private and public banking sector by exaggerating the political and security crises in the country.
Al-Nusairi said in a televised interview followed by Mawazine News, “The Iraqi private and public banking market is facing malicious rumors, as certain parties are exaggerating security and political problems for the purpose of striking the national economy.”
He added, “The conspiracy against the Iraqi economy aims to abort the Iraqi government’s efforts to improve economic transfers, deal with the dollar, and complete the economic exchange platform project to finance foreign trade.”
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He pointed out that “the Central Bank and the government are continuing with reform plans, especially the paragraphs of the government program to prevent dollar smuggling and support the private banking sector.” LINK
The UN Security Council holds its session on the situation in Iraq
The UN Security Council began, Tuesday evening, holding its session on the situation in Iraq. LINK
Source: Dinar Recaps
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