On Sunday, researcher and writer Halim Salman ruled out a change in the current governor of the Central Bank, Ali Al-Alaq, at this time, but there are discussions about the mechanism for reforming the banking, financial, and monetary institutions, calling on the government to seek a solution with the Central Bank, including relieving failed departments. In the heart of the city.
According to Salman, “These days, media platforms are full of news of the intention to replace the current governor of the Central Bank, Ali Al-Alaq, with another one chosen from a group of names that have been circulated recently.”
said, “But according to the information, there is no intention of the Prime Minister, Muhammad al-Sudani, at the present time to change the governor of the Central Bank, but there are ongoing discussions about the mechanism for reforming the banking, financial, and monetary institution in Iraq.”
He went on to say, “Several teams were recently formed by the Prime Minister to supervise and follow up on financial and banking reform issues, and this is evidence that reflects the dissatisfaction of the government and the Prime Minister with the current central bank policy, and their belief that there is a slowdown in implementing measures and reforms, especially related to exchange rate stability.” .
He went on to say that “the ongoing war in Gaza may have distracted people by demanding that the government end the farce of (the parallel price), and its delay in curbing the (soft) war carried out by currency traders and dollar speculators, as well as those who partner with them from (employees) in official and private institutions.”
Towards the end of his speech, he suggested, “The government should search for a solution with the Central Bank, and that there should be corrective measures, including relieving some of the failed departments in the Central Bank, which were unable to work according to the rescue measures proposed by the government, specifically by the person of the Prime Minister.”