MAJEED
IRAQ READY TO GO
The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alak, said that the country's monetary position is very excellent, pointing out that there are no real fears of any economic crises occurring here or there
Al-Alak said in an interview with the official newspaper that "the monetary position in Iraq (very excellent) at present in terms of
controlling inflation and the high sufficiency
of foreign reserves,
which enables the Central Bank to be stable, defend the exchange rate, and achieve monetary stability, despite the circumstances surrounding the
".country and the region
He pointed out that
"the reserve covers our needs, and this is what distinguishes the Central Bank of Iraq compared to other central banks
".in the region
He pointed out that "the central bank adopts an unconventional monetary policy, not only based on achieving monetary stability."
