The Governor Of The Central Bank Discusses With The European Union The File Of The Iraqi Economy


12/09/2022 13 

Earth News/ The Governor of the Central Bank of Iraq, Mustafa Mikheif, received today, Monday, the Ambassador of the European Union to Iraq, Villa Variola.

According to a statement to the bank’s media, “during the meeting, which was attended by the Director General of the Center for Banking Studies at the Central Bank of Iraq, bilateral economic and banking relations were discussed, especially in the field of training.”

The governor welcomed the ambassador, stressing that “there are good relations with the countries of the European Union, and we seek to develop them.”

He pointed to the growing reserves of the Central Bank of Iraq of gold and foreign currencies during the last two years, and their positive impact on achieving financial stability in Iraq.

The governor presented his “desire to enhance cooperation in the field of training for workers in the Iraqi banking sector, and to benefit from the expertise in European banking institutions.”

For his part, the Ambassador of the European Union praised “the efforts of the Central Bank to remove Iraq from the European list of high-risk countries,” noting “his desire to strengthen Iraqi-European relations in the economic fields.”

The ambassador pointed to the desire of a number of large European banks to finance investment projects, especially in the field of renewable energy, given the opportunities that Iraq possesses in this aspect. .

It is noteworthy that the Center for Banking Studies at the Central Bank of Iraq annually holds dozens of training courses for government and private bank employees to develop the capabilities of their employees, according to the statement.

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