Participation of the Governor of the Bank in a session of the Institute for Development Policy Progress


مشاركة معالي محافظ البنك في جلسة لمعهد التقدم للسياسات الإنمائية

July 16, 2017

Participation of the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, in a session of the Institute for Development Policy Progress
The governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail al-Asal, participated in the session of the Institute for Development Policy progress on Sat 15 July 2017 with a number of general managers in the bank and selected financial and economic specialists.

He addressed various matters related to the banking issue, as well as the financial situation of the country, in the midst of his speech during the session. Problems facing the balance of payments, in particular the deficit in budget 2017 which leads to instability of the state budget because the volume of dependence on money coming from abroad is higher than the money that comes from the inside.

Mr. Mayor explained that the balance-of-payments shortfall was putting pressure on the central bank because the country today was unable to enter a foreign currency alongside the money that enters the oil, stating that “the balance of payments deficit means that the country is unable to attract investors, tourists and others.

https://translate.google.com/translate?hl=en&sl=ar&u=https://www.cbi.iq/&prev=search

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s