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Central Bank Governor: We will continue to support the banking sector to develop the Iraqi economy
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Economy News-Baghdad
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Economy News-Baghdad
The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mokhif, affirmed the Central Bank's commitment to support and develop the Iraqi banking sector to expand financing for economic development, develop the electronic payments system, and increase the level of financial inclusion.
During his speech at the conference on the sustainability of economic growth organized by the Iraqi-British Business Council in the British capital, London, on Tuesday, Mokhif said, "The banking sector has withstood great challenges, as most of the banking sector indicators have witnessed, and still are, positive growth during the year 2021."
He pointed out that "the initiatives of the Central Bank have supported economic recovery and contributed to ensuring a reasonable level of employment in the complex conditions that the country has gone through," adding: "We continue to support efforts to confront climate change with other government institutions, as the Central Bank allocated an initiative in the amount of one trillion dinars." to finance the purchase of clean energy systems.
It is noteworthy that the conference witnessed the participation of a number of government officials, private banks and the Iraqi and British private sectors, and discussed the investment files and the white paper prepared by the government as a plan for the advancement of the Iraqi economy.
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