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Fearful: The Central Bank has embarked on a package of measures to save the economy from a certain abyss

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Fearful: The Central Bank has embarked on a package of measures to save the economy from a certain abyss

Economie    Today, 21:01

Today, Wednesday, the Governor of the Central Bank, Mustafa Ghaleb Mikhaif, announced that the bank has started a package of measures to save the economy from a certain abyss, indicating that

one of the bank’s priorities is to enhance financial inclusion and secure access to financial and banking services to the community.

In his speech during the “Access to Finance” conference, which was held at the Al-Rasheed Hotel, with the participation of the public and private sectors, and was followed by the Iraqi News Agency (INA), he said,

“The Central Bank of Iraq has embarked on a package of measures to save the economy and economic institutions from a certain abyss, after they prevailed A state of despair and panic among those dealing in the economy, and those dealing with state institutions, after the reluctance that occurred in fulfilling its obligations with them.  He added,

"The Central Bank made access to financing possible when it launched a number of qualitative and courageous initiatives that enabled our society to feel safe through our initiatives that covered different and important sectors," noting that

"the Bank is not kind to these procedures and initiatives, and finds itself only in Where it should be." He stressed that

"the goal of enhancing financial inclusion, and securing access to financial and banking services to the community, was one of our priorities that we are working on with short, medium and long-term plans," noting that

"access to finance is no longer a dream intertwined with the hands of red tape, corrupt and closed-minded people, but rather has become a national path in The work of the banking sector and microfinance institutions, and defending it has become a priority for the Central Bank and the banking sector alike.”

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