The phenomenon of compactness in Iraq


The Central Bank of Iraq is holding a symposium entitled Analysis of the phenomenon of hacking in Iraq

Equinox has always been a problem and a concern for many countries, especially after the latest technological developments and the subsequent achievements and huge savings in the incomes of the elements of production.

The Central Bank of Iraq held Sunday 10/9/2017 a specialized symposium to analyze the phenomenon of compactness in Iraq. The symposium discussed the study prepared in this regard by the Department of Statistics and Research on this phenomenon and penetrated several axes, the most prominent of which was the statistical side (prediction)

During the symposium, the Governor of the Central Bank, Dr. Ali Mohsen Ismail, pointed out that the Central Bank observes this phenomenon directly and that the available cash is not available as planned, and also that the Central Bank has a plan to solve this issue by drawing up plans and studies to attract money and its customers within the banking system .

The term "compactness" is used as a translation of the economic term in the English language (Hoarding)and definition of compactness in its economic sense that it is holding money and imprisoning it from circulation.

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