Today, Monday, His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghalib Mukheef, met with the Chairman and members of the Supreme Committee that Supervise Central Bank of Iraq loans. His Excellency presented the background with which launched the initiative due to the security, political and financial challenges that Iraq faced when the state was in a difficult situation. Also, the real sector faced problems in financing and sustainability. Hence, the Central Bank needed to intervene to restore life to the economy and hope to its workers. The Chairman of the Committee reviewed the achievements of the initiative and the number of projects funded in the housing, industry, agricultural, commercial, and service sectors. His Excellency promised to support the banks and coordinate with the Ministry of Finance to overcome their difficulties.
Central Bank of Iraq
Media Office
27 Jun 2022