Thursday, January 30, 2025

AJ : The CBI will work to finance important industrial projects that will raise the rate of contribution of the industrial side to the overall economy of Iraq.", 30 JAN

 AJ

🇮🇶"The CBI will work to finance important industrial projects that will raise the rate of contribution of the industrial side to the overall economy of Iraq."

🏦 Lots of Good Nuggets to Read 👇 His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, participated in the Iraq Energy Conference 2025 organized by the Iraq Development Platform in the capital, Baghdad.

His Excellency the Governor said in a dialogue session on the sidelines of the Iraq Energy Conference 2025: The Central Bank is one of the global banking institutions that adopts unconventional monetary policies and is concerned with achieving "economic stability." His Excellency stressed that the Central Bank intervenes in supporting and financing various projects through its various initiatives,

including renewable energy projects, whether through direct or indirect support, 

pointing to the importance of monetary and financial stability, which is no less important than political and security stability. He added that the Council of Ministers approved enhancing cooperation between government banks with a financial surplus to finance industrial projects through the Industrial Bank, as it is the competent authority in this field, indicating the imminent launch of this major initiative,

in cooperation with TBI Bank, which will work to finance important industrial projects that will raise the rate of contribution of the industrial side to the overall economy of Iraq. Central Bank of Iraq Media Office January 28, 2025

FRANK26….12-16-25…..DECEMBER 29th 2025

Read also: 💰 “Zim Cap Bond Payouts: Private Appointments & Project Plans Update”