Wednesday, October 9, 2024

Governor of the Central Bank: The national strategy for bank lending aims to stimulate and stimulate the economy, 10 OCT

Economy News _ Baghdad

The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alak, chaired the first meeting of the Supreme Executive Committee of the National Strategy for Bank Lending in Iraq, which was formed under Diwani Order No. 51 of 2024, in the presence of undersecretaries of ministries, organizations and concerned authorities.

A statement from the bureau of the bank received by “Economy News” stated that during the meeting, the importance of the role of the banking sector and government and private institutions were discussed and their role in implementing this strategy and implementing the main axes and sub-goals of the national strategy for bank lending was discussed.

The governor stressed that the national strategy for bank lending aims to revitalize and stimulate the Iraqi economy as well as achieve growth in all fields, to which this strategy will contribute through the establishment and expansion of small, medium and large enterprises, stressing the importance of the cooperation of the relevant authorities in the success of this task, which is a priority at the national level in providing job opportunities for young people and investing their energies and capabilities in a way that achieves economic growth in economic sectors.

It is noteworthy that the Central Bank of Iraq launched on May 25, 2024, the National Strategy for Bank Lending in Iraq for the years 2024-2029, in the presence of a number of officials and representatives of diplomatic missions and international organizations, and the axes of what is stated in the strategy and the mechanisms of action on it were determined according to its competence.


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Added 2024/10/08 – 2:34 PM

https://economy-news.net/content.php?id=48475


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