The Iraqi President directs the Governor of the Central Bank to follow a balanced monetary policy

The Iraqi President directs the Governor of the Central Bank to follow a balanced monetary policy

04 October 2020 03:34 PM

The Iraqi President directs the Governor of the Central Bank to follow a balanced monetary policyMubasher: The President of the Republic of Iraq, Barham Salih, received today, Sunday, at Baghdad Palace, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab.

During the meeting, President Saleh stressed, according to a statement by the Presidency of the Republic, the need for the independence of the Central Bank, and the strengthening of the country’s financial situation by diversifying the state’s resources and following a balanced monetary policy.

The President also directed that all measures be taken to combat administrative and financial corruption, especially in the current circumstances in which the country is facing the Corona pandemic, and the decline in oil imports.

For his part, the Governor of the Central Bank, the current functioning of the central bank on the financial and monetary situation, and the steps taken to limit the economic repercussions.

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