REINALDO JC
Iraq
*The Kurdistan region election to be held on Oct 20th (security & stability).
*BRICS summit Oct 22-24 (to join).
*Gov’t already discussing & completing their 2025 budget for APPROVAL before this year ends (they’re quiet about the 24’ budget being already amended/completed & awaiting for the new RATE?).
*Something has to give in OCTOBER!!!
*We shall see Iraq, we shall see…
Governor of the Central Bank of Iraq chairs a meeting on bank lending
October 08, 2024
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, chaired the first meeting of the Supreme Executive Committee for the National Strategy for Bank Lending in Iraq, formed by virtue of Diwani Order No. 51 of 2024, in the presence of the Undersecretaries of Ministries, Organizations and Concerned Authorities.
During the meeting, the importance of the role of the banking sector, government and private institutions was discussed, and their role in implementing this strategy and implementing the main axes and sub-objectives of the National Strategy for Bank Lending was defined.
His Excellency the Governor stressed that the National Strategy for Bank Lending aims to stimulate and stimulate the Iraqi economy, in addition to achieving growth in all areas, which this strategy will contribute to through the establishment and expansion of small, medium and large enterprises, stressing the importance of 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 the 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. The axes of what was included in the strategy and the mechanisms for working on it were determined, each according to his specialization.
Central Bank of Iraq
Media Office
October 8, 2024
Militia Man
It's one of those nail biting time-frames for us all because we've all been here and we've been watching this whole investment unfold.
It looks like Al-Sudani and his teams have communicated well globally and are going to produce...
Clare
Article: "Sudanese advisor: Most state employees do not know how to use computers"
Quote: “Iraq suffers from a weakness in human resources for digital transformation...We are in the process of creating a digital academy to appoint and train millions of employees
... The academy is being built by the private sector, not the state, and in cooperation with Microsoft and Apple...The first meeting of the Supreme Executive Committee for the National Strategy for Bank Lending in Iraq was presided over by Ali Al-Alaq, the Central Bank Governor.
“The Governor of the Central Bank, Ali Mohsen Al-Alaq, presided over the first meeting of the Supreme Executive Committee for the National Strategy for Bank Lending in Iraq, formed pursuant to Diwani Order No. 51 of 2024, in the presence of Ministries, Organizations, and Concerned Authorities’ Undersecretaries.”
“The meeting discussed the importance of the role of the banking sector, government and private institutions, and defined their role in implementing this strategy and implementing the main axes and sub-goals of the National Strategy for Banking Lending,” the bank continued.
“The National Strategy for Banking Lending aims to stimulate and stimulate the Iraqi economy, as well as achieve growth in all areas, which this strategy will contribute to through the establishment and expansion of small, medium, and large enterprises,” the statement emphasized the governor.
The governor emphasized “the importance of cooperation between relevant parties in the success of this mission, 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.” This mission is a priority at the national level in providing job opportunities for young people.
It is noteworthy that on May 25, 2024, the National Strategy for Banking Lending in Iraq for the Years 2024-2029 was launched by the Central Bank of Iraq.