Shredd says, "...CBI has been working on getting their banking to a place where it can support a future Iraq."

by **Ponee** Sun Jun 09, 2013 1:47 pm

6-8-2013 Newshound Guru Shredd we can see that the CBI has been working on getting their banking to a place where it can support a future Iraq. Another article shows us that enhanced banking systems are a continued need. We continually are seeing regulatory and supervisory involvement of the CBI, in coordination with the government and local banks, in addressing the pricing versus the exchange rate of the dinar and dollar. The same goes for the monitoring and evaluation.

[so whats the big deal about this World bank whole thing? This World Bank Document states the following : Duration 50 months. Effective date April 2009. Closing date June 30, 2013!!] yes!! So many times we get the question, "when is the banking sector in Iraq going to get everything in order". Well, we can see...that this project has been ongoing for 50 months and is about to close. Now, we need to remember that this is a project by the World Bank...this isn't an internal project of the CBI's but rather one initiated and supervised by their governing body, the World Bank.

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