The Ministry of Finance and the Central Bank agree on measures to enhance financial and monetary stability.
The Ministry of Finance and the Central Bank agree on measures to enhance financial and monetary stability.
8-9-2026
Information/Baghdad…
Finance Minister Faleh Sari emphasized to the Governor of the Central Bank of Iraq, Nizar Nasser Hussein, on Sunday that the current circumstances necessitate continuous coordination.
A statement from the Ministry of Finance, received by the Information Agency, indicated that “Finance Minister Faleh Sari met with the Governor of the Central Bank of Iraq, Nizar Nasser Hussein, where they discussed the financial and economic situation in light of the current challenges.”
The Minister stressed that “the current circumstances require continuous coordination between fiscal and monetary policy to help manage financial flows efficiently and ensure the fulfillment of the state’s obligations, while continuing to work on reforming the financial system and developing public finance management tools.”
He also pointed to “the importance of enhancing data exchange between the Ministry of Finance and the Central Bank, and accelerating digital transformation, which will raise the efficiency of financial institutions and support their ability to respond to economic changes.”
For his part, Nizar Hussein explained that “the Central Bank operates according to a methodology focused on supporting monetary stability, developing banking operations, and keeping pace with the needs of the national economy,” emphasizing the importance of coordination with the Ministry of Finance on economic and financial matters.
The statement added that “both sides agreed to continue joint work on measures to enhance financial and monetary stability and ensure the regularity of the state’s essential obligations.”
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