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CBI NEWS AUGUST 28 2018


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Main functions of Statistics and Research Department

  
 August 28, 2018
Main functions of Statistics and Research Department

 

The Department of Statistics and Research performs its tasks to contribute to the achievement of the goals of the Central Bank of Iraq and the implementation of the objectives of achieving monetary and banking stability and local prices and maintaining an advanced banking system that provides services to the Iraqi population competitively, efficiently and effectively in terms of operations and services and thus contribute to the promotion of development. Sustainable development. In this context, the main tasks of this department are summarized as follows:

  •  Providing advice to the Governor, the Board of Directors and all the Bank's departments regarding issues and developments, while strengthening them with recommendations that help to make sound decisions.
  • Follow-up macroeconomic developments, in all sectors and activities, and identify the main trends in it.
  • Prepare the economic model, strengthen economic forecasting, and follow the credibility of the model over time.
  •  Preparing original research, which responds to the problems of the Central Bank, local and international contemporary interests, publishing its results in the magazine of the bank, and enhancing the various sources of information in a sophisticated library.
  • Contribute to the preparation of monetary policy, determine their direction, and how to use their quantitative and qualitative tools.
  • Follow up the development of the Central Bank's relations with monetary, banking and financial institutions, Arab and Islamic international.
  • Collection and dissemination of data on monetary, banking and financial system.
  •  Follow-up of the development of the performance of financial institutions, comprehensive money market, insurance, and funds.
  •  Monitoring the developments of the issued and traded currency, liquidity status, adequacy of bank capital, foreign reserves and capital, preparing studies, research and related reports, and forecasting trends in their developments.
  •  Follow up the monetary developments and financial, local, Arab and international, and show the extent of their impact on the Iraqi economy.
  • Collect statistical data on economic sectors, classify, analyze, extract and publish their results for the purpose of making them available to different institutions.
  •  Preparing and disseminating statistics on foreign trade according to international standards, preparing and publishing the balance of payments and related tables.
  •  Follow up the price indices, interest rates, fluctuations, exchange rates, and oil prices.
  •  Preparation of research, studies and economic reports and published on the website of the Central Bank of Iraq.
  •  Submit technical proposals in the economic, financial, monetary and banking issues, which are received from various state agencies.
  •  Other tasks assigned to the Department by the Governor or the Board of Directors.
  • https://cbi.iq/news/view/827
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6 hours ago, magawatt said:

Loosen up bank dudes! Kick that exchange rate in the butt and have a little fun. Give the poor Iraqi peeps and your fans all over the Globe a brake and chub up the Dinar today!

Liking your train of thought there magawatt 

Edited by ChuckFinley
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  • Contribute to the preparation of monetary policy, determine their direction, and how to use their quantitative and qualitative tools.
  • Follow up the development of the Central Bank's relations with monetary, banking and financial institutions, Arab and Islamic international.
  • Collection and dissemination of data on monetary, banking and financial system.
  •  Follow-up of the development of the performance of financial institutions, comprehensive money market, insurance, and funds.
  •  Monitoring the developments of the issued and traded currency, liquidity status, adequacy of bank capital, foreign reserves and capital, preparing studies, research and related reports, and forecasting trends in their developments.
  •  Follow up the monetary developments and financial, local, Arab and international, and show the extent of their impact on the Iraqi economy......                                                  I suppose you got to have a Department Of Statistics And Research to do all these things before you can have a RI/RV ........
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