The Governor of the vital financial institution of Iraq (CBI), Ali Mohsen Al-Alaq, participated in the Iraq energy 2025 convention in Baghdad, organised via the Iraq development Platform.
in the course of a panel discussion, the Governor highlighted the CBI’s adoption of non-conventional economic regulations aimed at monetary stability. He emphasised the financial institution’s function in financing diverse initiatives, along with renewable energy tasks, thru direct and indirect support.
Al-Alaq introduced a forthcoming initiative to finance foremost commercial initiatives.
He delivered that the Council of Ministers approved improving cooperation among authorities banks to finance business tasks via the industrial bank, in cooperation with the change financial institution of Iraq (TBI), to enhance the commercial quarter’s contribution to Iraq’s economy.