The Minister of Finance and the Governor of the Central Bank discuss the financial and economic situation.
Finance Minister Faleh Sari and Central Bank Governor Nizar Nasser Hussein discussed the financial and economic situation in the country on Sunday (August 9, 2026).
The Ministry of Finance stated in a statement that “Finance Minister Faleh Sari received Sunday, the Governor of the Central Bank of Iraq, Nizar Nasser Hussein, where the financial and economic situation was discussed in light of the current challenges.”
The minister stressed, according to the statement, that “the current circumstances require continuous coordination between fiscal and monetary policy, which will help to manage financial flows efficiently and ensure the fulfillment of the state’s obligations, while continuing to work on reforming the financial system and developing public finance management tools.”
The minister pointed to “the importance of enhancing data exchange between the Ministry of Finance and the Central Bank, and accelerating digital transformation, which will raise the efficiency of financial institutions and support their ability to respond to economic changes.”
The governor of the Central Bank explained that “the Central Bank operates according to a methodology that focuses on supporting monetary stability, developing banking operations, and keeping pace with the needs of the national economy,” stressing “the importance of coordination with the Ministry of Finance on economic and financial issues.”
According to the statement, both sides agreed to “continue joint work on measures to enhance financial and monetary stability and ensure the regularity of the state’s basic obligations.”
Burathanews.com