Central Bank Governor chairs first bank lending meeting
Central Bank Governor chairs first bank lending meeting
2024-10-08
The Governor of the Central Bank, Ali Al-Alaq, chaired today, Tuesday, the first meeting of the Supreme Executive Committee for the National Strategy for Bank Lending in Iraq.
The bank said in a statement received by Sumerian News, “The Governor of the Central Bank, Ali Mohsen Al-Alaq, chaired 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 the Undersecretaries of Ministries, Organizations and Concerned Authorities.”
The bank added that “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 governor stressed, according to the statement, that “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 governor stressed “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.”
It is noteworthy that the Central Bank of Iraq launched the National Strategy for Banking Lending in Iraq for the years 2024-2029 on May 25, 2024.
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