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The Central Bank of Iraq decides to increase development initiatives

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https://cbi.iq/news/view/2036

The Central Bank of Iraq decides to increase development initiatives

June 28, 2022

The Central Bank of Iraq decides to increase development initiatives

Today, Tuesday, the Central Bank of Iraq announced that it will continue to provide the necessary funding for its development initiatives and raise its financial amounts to reach 18 trillion dinars.

This increase in the amounts of financial allocations comes in response to the success achieved in the development initiatives launched by the Central Bank of Iraq in financing various private sector projects and housing loans.

The Central Bank added that this increase will contribute to

    financing economic development projects,

    increasing local production and

    reducing unemployment by providing job opportunities, as well as

    contributing to supporting various government efforts to confront climate change.

It is noteworthy that the investment portfolio of the Central Bank of Iraq represents a real support and a catalyst for economic growth along with the various government efforts.


Central Bank of Iraq
information Office
28- June - 2022

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