Today, Wednesday, a member of the House of Representatives, Suhaila Al-Sultani, directed a question to the Central Bank regarding approval to grant licenses to Arab and Jordanian banks in particular, while confirming that there are many banking problems facing Iraqi banks.
Al-Sultani said in an interview with the Maalouma Agency, “We do not know what are the reasons for the Federal World Bank’s punishment of Iraqi banks while it agreed to grant licenses to Jordanian banks,” noting that “we are awaiting the Central Bank’s response to study the extent of its compatibility with Iraq’s monetary policy.”
He continued, “Washington continues to fight Iraq over the dollar issue in order to weaken the value of the Iraqi currency,” pointing out that “there are no justifications for the Central Bank to ban dealing with many Iraqi banks.”
Al-Sultani concluded her speech: “The central duality is clear in dealing with Iraqi banks, compared to Arab banks,” indicating that “there are many financial and banking problems facing Iraqi banks.”
The economic expert, Mustafa Akram Hantoush, had confirmed that the measure taken by the Central Bank of Iraq was to grant operating licenses to Jordanian banks and to operate in the country, indicating that it was the duty of the Central Bank to strengthen Iraqi banks instead of Jordanian ones.
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