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The highest since its founding .. The assets of the Central Bank of Iraq (in numbers)
Economy, 2022/04/26 17:04, Number of readings: 333
Baghdad - Iraq today:
The President of the Future Iraq Foundation for Economic Studies and Consultations, Manar al-Obeidi, was counted on Tuesday, the central bank assets, while expected in the coming days.
"The total assets of the Central Bank until the end of the first year of the current year 2022 amounted to 178 trillion Iraqi Dinars, an increase of 17% compared to the same period last year," Obeidi said.
Which has risen by 33% to 34 trillion dinars as well as high exporter and 8% to 80 trillion Iraqi Dinars."
He added that "the balances of government institutions at the central bank rose by 72% to 8.1 trillion trillion Iraqi Dinars, in return, the amount of investment in retained by 32% to reach more than 50 trillion Iraqi Dinars."
He pointed out that "small and medium-sized enterprise loans from the bank further increased by 155% to 6.6 trillion Iraqi Dinars, as well as the rise in receivables on the Ministry of Finance by 11% to 47 trillion dinars."
"The amount of cash and gold reserve at the central bank has declined by 3.5% to 23.7 trillion Iraqi Dinars, as well as bank deposits rose 4.6% compared to last year to 27.6 trillion Iraqi Dinars," he said.
He stressed that "the value of assets with the Central Bank is the highest since its establishment, giving a reassurance and stability of the Iraqi currency, which is expected to see more violations in its assets as a result of high oil sales revenues, which play an important role in promoting private reserves".
And that the Bank has granted loans to projects worth 6.6 trillion Iraqi Dinar had a significant impact on the growth of important sectors,
particularly the housing sector, which accounted for the bulk of these loans and the bank needs to diversify the distribution of loans to other sectors that could contribute to increased growth in different growth Especially important sectors, tourism, tourism and services."
The highest since its founding .. The assets of the Central Bank of Iraq (in numbers)
Economy, 2022/04/26 17:04, Number of readings: 333
Baghdad - Iraq today:
The President of the Future Iraq Foundation for Economic Studies and Consultations, Manar al-Obeidi, was counted on Tuesday, the central bank assets, while expected in the coming days.
"The total assets of the Central Bank until the end of the first year of the current year 2022 amounted to 178 trillion Iraqi Dinars, an increase of 17% compared to the same period last year," Obeidi said.
Which has risen by 33% to 34 trillion dinars as well as high exporter and 8% to 80 trillion Iraqi Dinars."
He added that "the balances of government institutions at the central bank rose by 72% to 8.1 trillion trillion Iraqi Dinars, in return, the amount of investment in retained by 32% to reach more than 50 trillion Iraqi Dinars."
He pointed out that "small and medium-sized enterprise loans from the bank further increased by 155% to 6.6 trillion Iraqi Dinars, as well as the rise in receivables on the Ministry of Finance by 11% to 47 trillion dinars."
"The amount of cash and gold reserve at the central bank has declined by 3.5% to 23.7 trillion Iraqi Dinars, as well as bank deposits rose 4.6% compared to last year to 27.6 trillion Iraqi Dinars," he said.
He stressed that "the value of assets with the Central Bank is the highest since its establishment, giving a reassurance and stability of the Iraqi currency, which is expected to see more violations in its assets as a result of high oil sales revenues, which play an important role in promoting private reserves".
And that the Bank has granted loans to projects worth 6.6 trillion Iraqi Dinar had a significant impact on the growth of important sectors,
particularly the housing sector, which accounted for the bulk of these loans and the bank needs to diversify the distribution of loans to other sectors that could contribute to increased growth in different growth Especially important sectors, tourism, tourism and services."
