The Central Bank is announcing plans to attract money and its potential in the banking system

The Central Bank of Iraq announced on Monday plans to attract citizens' money and pump it into the banking system.

The Governor of the Bank Ali Alaq, in a press statement received by "Economy News", "Stagnation is a problem and a source of concern for many countries, especially after the technological developments and the subsequent achievements and achieve huge savings in the entry of elements of production."

Al-Alak added that "the Central Bank observes this phenomenon directly and that the available cash is not available and as planned," noting that "the Central Bank has a scheme to resolve this issue through the development of plans and studies to attract funds and their attractions within the banking system."

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