[size=36]Central Bank Governor: Development initiatives reflected positively on the economy in southern Iraq[/size]
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, Governor of the Central Bank, Mustafa Ghaleb, considered on Tuesday that the bank's development initiatives contributed to supporting and establishing projects in southern Iraq, and had a positive impact on the economy in these governorates.
The media office of the Governor of the Central Bank stated in a statement received by Mawazine News that "Makhif sponsored the celebration held by the Central Bank branch in Basra on the occasion of the sixty-fifth anniversary of its founding, in the presence of Basra Governor Asaad Al-Eidani and a number of stakeholders in the banking and financial sector in the province."
The Governor of the Central Bank said in his speech during the celebration, according to the statement, that "Basra governorate represents the economic lung of Iraq and constitutes an important population and commercial weight, in addition to its historical position, and this is what calls us to strengthen the work of the banking sector in it."
Makheif added, "The development initiatives of the Central Bank contributed to supporting and establishing projects in southern Iraq, and had a positive impact on the economy in these governorates through the creation of new jobs and the expansion of local industry."
The statement continued, "The governor was briefed on the procedures for the progress of work for the sections of the bank's branch in Basra," praising "the efforts made by the branch's management and its affiliates, pledging to overcome all obstacles and difficulties facing their work." Ended 29/N33