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Governor of the Central Bank of Iraq participates in the regular meeting of the Islamic Development Bank
The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, and the accompanying delegation representing Iraq participated in the forty-fourth meeting of the Islamic Development Bank Group which was held in Tunis, Tunisia, from 1-2018 to 4/5.
The governor of the Central Bank of Iraq called during the meeting the Islamic Development Bank Group to expand its programs and initiatives in Iraq, commensurate with the circumstances and challenges and the serious effects of the terrorist gangs (Dahesh)
For his part, the governor highlighted the development of the relationship with the group. The result of this development came from the efforts of the Iraqi Central Bank in the last year to invest 1.750 billion dollars in the Islamic Development Bank through Islamic sukuk and also that there is a tendency to increase this investment to three Billion dollars because of the Islamic Development Bank of the classification of international excellence as the international classification is ( AAA )
The governor also urged the group to send teams to Iraq to benefit from the experience and experience of this group in the design and management of projects and stimulate productive sectors
He also stressed the readiness of Iraq to host one of the sessions of the next group as well as that Iraq is one of the members of the group and that the governor of the Central Bank of Iraq is the representative of Iraq and a member of the Board of Governors.
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