The central bank stresses that there is no change in its policy of financing trade and imports
The Central Bank of Iraq confirmed, on Wednesday, that there was no change in its policy of financing trade and imports.
The bank said in a statement that Alsumaria News received a copy of it, “The efforts of the various institutions in our country are joining together to combat the Corona epidemic and get out safely from this crisis, so we invite banks, exchange companies and electronic payment companies to take their responsible role at this stage.”
He added that “although the curfew has affected the activities and actions of all official institutions, including the Central Bank of Iraq, we have taken the initiative to employ our cadres in order to sustain the payment of salaries and finance of food, agricultural, medical and all necessary materials.”
He stressed that “there is no change in its policy in financing trade and imports, which will resume after the ban is completely lifted.”
The bank continued, “At the current stage, the bank will begin to enhance bank balances abroad through the foreign currency sale window, according to a schedule of working days and according to the requirements of the situation, and that is reported first-hand, for the purposes of financing the import credits of foodstuffs, agricultural supplies, medical materials and goods necessary for the country And the citizens. ”