The Central Bank stresses the importance of coordination with public finance in providing financial support
Wednesday, December 22, 2021 8:19 PM
Baghdad/National News Center
Today, Wednesday, Central Bank Governor Mustafa Ghaleb Mikhaif stressed the importance of coordination with public finance in providing financial support that saved the country from a major crisis.
A statement by the bank received by the "National News Center" stated that "the Central Bank of Iraq held a workshop in which it discussed its development initiatives under the title of the Central Bank of Iraq's initiatives, reality, challenges and ambition."
The statement added, "The governor gave a speech in which he stressed the importance of reviewing the development initiatives launched by the Central Bank, whose values exceeded more than 15 trillion dinars, as well as the importance of coordination with public finance in providing financial support that saved the country from a major crisis caused by the security and health complex crises that go through it.”
For his part, the Secretary-General of the Council of Ministers, Hamid Naim Al-Ghazi, stressed "the importance of the initiatives of the Central Bank and the sectors they covered, and thanked the Central Bank's management and its employees and the banking sector contributing to these initiatives."
The statement continued, "During the workshop, the most prominent indicators achieved by development initiatives and their positive effects, especially in the housing sector, were reviewed,
as well as a number of presentations by the Industrial and Real Estate Bank and the Housing Fund,
which were followed by discussions from the audience, and
the workshop was attended by a number of central bank officials and managers of government banks." civil society, and private investors.