The Governor of the Central Bank of Iraq receives a delegation from the International Finance Corporation (IFC)
June 09, 2024
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the International Finance Corporation (IFC), affiliated with the World Bank Group.
During the meeting, the reality of bilateral cooperation in the field of the banking sector was discussed and its development in line with international technologies, in addition to presenting the latest developments regarding the long-term plans implemented by the Central Bank in cooperation with the International Finance Corporation (IFC).
The two parties discussed the roadmap for the sustainable financing project in line with the environmental, social, and governance (ESG) model, financing and lending activities, and investment diversification plans. His Excellency also reviewed the national lending strategy proposed by the Central Bank to finance small and medium enterprises.
The delegation expressed their readiness to cooperate in the field of exchanging experiences and training, to help develop Iraqi banking staff, and to develop banking supervision tools, in line with the efforts of the Central Bank and the international institution, in supporting the private sector and economic activities.
During the meeting, His Excellency the Governor emphasized that ideas are generated and launched within the Central Bank of Iraq, and the role of international organizations is to transform them into programs and plans that facilitate their implementation, appreciating the efforts of the international institution in providing support for Central Bank projects that serve the private sector and stimulate the Iraqi economy.
Central Bank of Iraq
Information Office
9 - June - 2024
.
No comments:
Post a Comment