The Governor of the Central Bank of Iraq confirms the development support for economic development
With the participation of Al Rajeh Islamic Bank in this conference, in the presence of the Honorable Director General and the Director of Financial and Administrative Affairs, the respected…
His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mokhif, affirmed the Central Bank’s commitment to support and develop the Iraqi banking sector to expand financing for economic development, develop the electronic payments system, and increase the level of financial inclusion.
During his speech at the conference on the sustainability of economic growth organized by the Iraqi-British Business Council in the British capital, London, on Tuesday, His Excellency stressed the resilience of the banking sector in the face of great challenges, as most indicators of the banking sector witnessed, and still are, positive growth during the year 2021.
His Excellency pointed out that the initiatives of the Central Bank have supported economic recovery and contributed to ensuring a reasonable level of employment in the complex conditions that the country has gone through, adding that we continue to support efforts to confront climate changes with other government institutions, as the Central Bank allocated an initiative of one trillion dinars to finance the purchase of systems clean energy.
It is noteworthy that the conference witnessed the participation of a number of government officials, private banks and the Iraqi and British private sectors, and discussed the investment files and the white paper prepared by the government as a plan for the advancement of the Iraqi economy.
Central Bank of Iraq
25 May 2022
#Al Rajih Islamic Bank