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Arab Monetary Fund: The Central Bank of Iraq is an example of the development role of central banks

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Arab Monetary Fund: The Central Bank of Iraq is an example of the development role of central banks

Abdulrahman Al-Humaidi, Chairman of the Board of Directors of the Arab Monetary Fund.

"Economy News"
Economy News - Baghdad


The Arab Monetary Fund said on Monday that the Central Bank of Iraq "a good example" of the development role of central banks in the Arab National Bank, pointing out that

the bank maintained the stability of the currency and take many measures that contributed to the strengthening of the Iraqi economy.

The head of the Arab Monetary Fund Abdul Rahman al-Humaidi said in his speech during the fourth annual conference of the Iraqi Central Bank in Baghdad and attended by "Economy News", "The central bank has great efforts in support of the Iraqi economy, and maintained the stability of the currency and adopted many actions and initiatives Which would strengthen Iraq's financial situation."

Al-Humaidi added that "the positive social effects of the financial coverage launched by the Central Bank can not be ignored," noting that

"the bank is an example of the developmental role of central banks."

"The Bank also contributed to the enhancement of financial coverage and the establishment of governance and transparency, and the Arab Monetary Fund praises the efforts and achievements achieved by the Central Bank and reflect on the Iraqi economy," pointing out that

"the bank was able to stabilize the dinar exchange rate and control inflation".

And began on Monday, the activities of the fourth annual conference of the Central Bank of Iraq, in conjunction with the anniversary of the Iraqi victory day on "Daash."


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