Launching of the Activities of the International Scientific Conference Under the Slogan "Development and Financial and Economic Stability to Restore Confidence in the Dinar" IRAQ 2024
The University of Mosul, under the patronage of the Minister of Higher Education and Scientific Research, Dr. Naim Al-Aboudi, and the supervision of the President of the University of Mosul, Prof. Dr. Qusai Kamal Al-Din Al-Ahmadi, has launched the activities of the International Scientific Conference titled "Development and Financial and Economic Stability to Restore Confidence in the Dinar".
The conference, held on October 14, 2024, aims to explore strategies for enhancing economic stability and boosting confidence in the Iraqi dinar.
Key Objectives and Participants
Objectives
Economic Development: The conference focuses on promoting economic development through various initiatives and projects.
Financial Stability: It aims to ensure financial stability by addressing key economic challenges and implementing effective policies.
Restoring Confidence: A significant goal is to restore public and international confidence in the Iraqi dinar, which is crucial for the country's economic recovery and growth.
Participants
Government Officials: The opening ceremony was attended by the Governor of Nineveh, Abdul Qader Al-Dakhil, and other high-ranking officials.
Academics: The event brought together academics and researchers from the College of Administration and Economics and other institutions.
Industry Experts: Representatives from the financial and banking sectors also participated, contributing their expertise and insights.
Major Initiatives and Outcomes
Strategic Projects
Mosul Airport Project: The Governor of Nineveh highlighted the implementation of major strategic projects, including the Mosul Airport, which is expected to boost the region's economic activities. Health Sector Development: Plans are underway to develop the health sector, with the establishment of the Ibn Sina Hospital, a 600-bed facility, being a significant step forward.
Economic Indicators
Oil Prices: Iraqi oil prices have stabilized, with Basra Heavy crude recording 77.25 per barrel. Currency Exchange: The conference also discussed the importance of stabilizing the exchange rate and enhancing the dinar's value in international markets.
Significance and Future Prospects
Economic Development
The conference underscores Iraq's commitment to economic development and stability. By focusing on strategic projects and financial reforms, the country aims to attract more investment and boost its economic growth.
International Collaboration
The event highlights the importance of international collaboration in achieving economic stability. The involvement of global financial institutions, such as the World Bank, in infrastructure projects is a positive sign for Iraq's economic future.
Public and Investor Confidence
Restoring confidence in the Iraqi dinar is a critical step towards economic recovery. The conference's discussions and initiatives are expected to pave the way for a more stable and prosperous economic environment in Iraq.
Conclusion
The International Scientific Conference "Development and Financial and Economic Stability to Restore Confidence in the Dinar" is a significant milestone in Iraq's economic journey. By bringing together key stakeholders and focusing on strategic initiatives, the conference aims to enhance economic stability and boost confidence in the Iraqi dinar. The outcomes of this event are likely to have far-reaching implications for Iraq's economic future and its position in the global market.
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