Central Bank of Iraq (CBI) Governor Ali Mohsen Al-Allaq has underlined the pivotal role of the banking sector in supporting investment in Iraq.Speaking at a panel session during the Iraq Investment Forum, he said the CBI has achieved its objectives on banking reform and has begun implementing them according to set timelines.Al-Allaq noted that Iraq offers significant investment opportunities, with both government and private institutions advancing towards a comprehensive investment roadmap capable of generating financial returns. He described the banking sector as a cornerstone of successful investment projects, committed to continuing its reform strategy to enhance its role as a facilitator of economic growth.He further stated that Iraq is currently experiencing its lowest inflation rates in modern history and maintains comfortable foreign reserves to defend the exchange rate. He stressed that these achievements, alongside successful monetary policy, have created a stable environment for investment. (ICE AMMAN)

Fonte notizia: Stampa Locale