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The Governor of the Central Bank of Iraq chairs a bank lending meeting

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The Governor of the Central Bank of Iraq chairs a bank lending meeting
 
October 08, 2024
 
    His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, chaired the first meeting of the Supreme Executive Committee for the National Banking Lending Strategy in Iraq, which was formed pursuant to Diwani Order No. 51 of 2024, in the presence of undersecretaries of ministries, organizations and concerned authorities.
 
    During the meeting, the importance of the role of the banking sector and government and private institutions was discussed, and their role in implementing this strategy and implementing the main themes and sub-objectives of the national bank lending strategy were discussed.
 
His Excellency the Governor stressed that the national bank lending strategy aims to
 
     revitalize and stimulate the Iraqi economy as well as
     achieving growth in all fields, to which this strategy will
     contribute through the establishment and expansion of small, medium and large enterprises,
 
stressing the importance of the cooperation of relevant authorities in the success of this mission,
 
which It is considered a priority at the national level in providing job opportunities for young people and investing in their energies and capabilities in a way that achieves economic growth in the economic sectors.
 
    It is noteworthy that the Central Bank of Iraq launched, on May 25, 2024, the national strategy for bank lending in Iraq for the years 2024-2029, in the presence of a number of officials and representatives of diplomatic missions and international organizations, and the axes of what was stated in the strategy and the mechanisms for working on it were identified, each according to his specialty.
    
    Central Bank of Iraq
    Media office
    October 8, 2024 
 
https://cbi.iq/news/view/2685   

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