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Mahoud: The central bank has a major role in achieving economic development

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rocky
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Mahoud: The central bank has a major role in achieving economic development

Post by rocky on Mon 02 Apr 2018, 5:35 am

Mahoud: The central bank has a major role in achieving economic development


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Director of the Central Bank, Saleh Mahood, announced that the Central Bank has a great role in achieving economic development in Iraq through the community initiatives implemented by the loans granted.
"The Central Bank, in cooperation with the Association of Iraqi Private Banks, has launched several social initiatives, including Baghdad to rehabilitate 20 theaters in Baghdad and our people's campaign to care for and support displaced people and support drama," Mahood said at a seminar organized by the Baghdad International Book Fair to discuss social initiatives. Iraqi and the Book Fair and others, "noting that" community initiatives come within the amendments that occurred in the law of the Central Bank. "
He pointed out that "the Central Bank has become an important tool in the process of economic development and translated through the provision of industrial loans, commercial and residential," explaining that "the Central Bank is aware of the importance of social responsibility to develop a complete road plan in support of community projects."

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