CBI establishes a banking relationship with the World Bank's RAMP program
September 03, 2019
The Central Bank of Iraq announces the establishment of a banking relationship with the World Bank's Reserve Advisory and Management Program (RAMP), which includes investment in bonds it issues.This Bank clarifies that, through the Directorate of Investments and External Remittance, a plan has been prepared for cooperation with the World Bank in the management of reserves, and investment in bonds issued in dollars, at least $ 300 million.The World Bank's Reserve Advisory and Management Program (RAMP) is a platform for advising on asset and reserve management development in developing countries and international institutions to enable them to maximize their financial resources.Central Bank of IraqMedia OfficeSeptember 3, 2019
