The President of the Republic meets with the Governor of the Central Bank of Iraq - 12/13/2022

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The President of the Republic meets with the Governor of the Central Bank of Iraq

Tuesday - December 13, 2022

 

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His Excellency the President of the Republic, Dr. Abdul Latif Jamal Rashid, met today, Monday, His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhaif, at the Baghdad Palace.

During the meeting, they discussed the role of monetary policy in promoting financial inclusion in the country and its major development initiatives that contributed to moving the wheel of the Iraqi economy and provided thousands of job opportunities for various groups and segments of Iraqi society, as well as the bank's role in the plans to reform the banking system and its commitment to applying international standards. In combating money laundering and terrorist financing, as well as its role in facing climate change and combating desertification.

For his part, His Excellency the Governor affirmed that the Central Bank of Iraq faced the financial and economic challenges that the country witnessed through the pioneering role it played, indicating that the bank strengthened its relations with financial and banking institutions in the countries of the world in a way that serves the interest of Iraq and its financial system.

Mr. Governor added that the Iraqi banking sector witnessed a great development in its work during the past years and gained international confidence, noting that Iraqi banks keep pace with the developments witnessed by the banking sector in the world.

Central Bank of Iraq
Media Office
12 - December - 2022