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The Governor of the Central Bank of Iraq promises to support banks and overcome the difficulties they face
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Mubasher: The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, pledged, today, Monday, to support the banks and overcome the difficulties they face.
A statement by the Central Bank, published today, Monday, stated that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb, met today with the head of the Supreme Committee for Supervision of Central Bank loans and its members."
And he indicated that "the governor presented the background on which the Central Bank initiative was launched as a result of the security, political and financial challenges that Iraq faced when the country was in a difficult situation."
Mokhif explained, according to the statement, that "the real sector is facing problems in financing and sustainability, so it was necessary for the Central Bank to intervene to restore life to the economy and hope to its workers," pledging "to support banks and coordinate with the Ministry of Finance to overcome the difficulties they face."
For his part, the Chairman of the Committee reviewed "the achievements of the initiative and the number of projects that have been funded in the housing, industry, agriculture, commercial and service sectors."
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Central Bank of Iraq
June 27, 2022 03:10 PMMubasher: The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, pledged, today, Monday, to support the banks and overcome the difficulties they face.
A statement by the Central Bank, published today, Monday, stated that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb, met today with the head of the Supreme Committee for Supervision of Central Bank loans and its members."
And he indicated that "the governor presented the background on which the Central Bank initiative was launched as a result of the security, political and financial challenges that Iraq faced when the country was in a difficult situation."
Mokhif explained, according to the statement, that "the real sector is facing problems in financing and sustainability, so it was necessary for the Central Bank to intervene to restore life to the economy and hope to its workers," pledging "to support banks and coordinate with the Ministry of Finance to overcome the difficulties they face."
For his part, the Chairman of the Committee reviewed "the achievements of the initiative and the number of projects that have been funded in the housing, industry, agriculture, commercial and service sectors."
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