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.
