The launch of the Strategic Plan of the Central Bank for the years 2016-2020 2/15
The launch of the Strategic Plan of the Central Bank for the years 2016-2020
BAGHDAD / obelisk: Iraqi Central Bank announced on Monday the launch of the Strategic Plan of the Bank for the years 2016-2020, while noting that it was the presence of Parliament Speaker Salim al-Jubouri.
The governor of the Iraqi Central Bank on the Keywords in a speech to mark the launch of the Strategic Plan of the Bank for the years 2016-2020, it was "the first full strategy in form and substance, and coupled with the establishment of the unity of the feasibility and institutional in the bank," explaining that "the Bank tasks in this strategy is to achieve financial stability and maintain a stable financial stability and work on the amendment of sustainable development. "
He Keywords that "the Bank focused after 2003 to stabilize prices and curb inflation, and achieved successes to curb inflation from 40-2%," stressing that "the central watched banks to maintain the financial value and the fight against money laundering and the bank's commitment to the instructions of the bank."
Keywords and continued, "The bank took the initiative to establish a trust office and the establishment of the unity of financial stability and financial affairs," noting that "the promotion of sustainable development has translated through the adoption of five trillion dinars to banks and one trillion for small businesses."
And between Keywords, that "the bank's support for the state treasury after the drop in oil prices from the treasury transfers of more than six trillion dinars as the Bank in accordance with the budget to purchase money orders 7 trillion dinars," pointing out that "the Central also issued other decisions, including the authorization of private banks, using 50% of their funds in the bank at the Center for the purchase of treasury remittances by four trillion dinars, and the bank will issue treasury remittances worth 5 trillion dinars and put it to the public. "
Keywords and pointed out that "the central bank action helped the government in the financial crisis during the current year, and achieved stability in the financial situation of the state, and without it the government would have found great difficulties during the current year budget in 2016".
The Iraqi Central Bank announced on Monday (February 1, 2016), that the government is able to overcome their expenditures for the current year, adding that part of the coverage of these expenditures will be through the issuance of national bonds.