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Reactivation of securities
Economic 2024/10/31
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Deputy Governor of the Central Bank, Dr. Ammar Khalaf, said that the bank is looking forward to increasing credit rates aimed at targeting projects, as well as reactivating securities represented by certificates of deposit and traditional transfers by banks.
He added on the sidelines of a seminar on "Monetary Policy Rate and Reactivation of Securities" that the seminar clarified the mechanism and directions of monetary policy in enhancing access to targeted inflation rates in a manner that does not conflict with economic growth rates, in addition to developing deposits. It is worth noting that the seminar was organized by the Association of Private Banks, in cooperation with the Central Bank of Iraq, to raise awareness about "Monetary Policy Rate and Reactivation of Securities", with the attendance of a number of representatives of government and private banks.
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