The step of the Central Bank of Iraq .. Who will follow it?

The Central Bank of Iraq presented its financial and economic visions and achievements, supported by figures in front of a group of experts and specialists in economic affairs at an expanded conference which was opened by the Babylon Hotel yesterday, the annual conference. Third, and recorded a joyful impression, in front of the volume of tasks accomplished by the Central Bank and its various cadres in a circumstance is the most difficult in the history of Iraq .. Was a conference frankly and unmistakably distinguished.

The conference discussed the role of the Central Bank of Iraq in achieving financial and economic stability, among the pillars of the sustainability of public debt and financial stability in Iraq and financial coverage and banking performance, as well as the financial merit of the banking sector in Iraq and mechanisms to stimulate the real sector through macroeconomic policies in Iraq .. Several goals, The Bank seeks to achieve this through the discussions of the conference, including strengthening the relationship between the tools of monetary policy and macroeconomic variables and strengthening the role of the financial sector as a channel of transmission of the effects of monetary policy, and create an interactive meeting between officials of monetary policy, academics and In order to determine the mechanisms that monetary policy can adopt in the application of its objectives and benefit from research expertise and its interrelationship with the practical aspect to achieve the strategic objectives of the Central Bank of Iraq. As one sees, these goals are considered a summit in the economic and financial understanding of a country facing many challenges trying to compromise its economies and resources ..

And through the transparency that accompanied the work of the conference on its first day, I wished this event to be a context for the ministries and other bodies. It is important that the efforts of everyone from all social activities, opinion leaders and concerned institutions, and opinion leaders from specialists, In accordance with the principles and foundations of solid, the convergence of visions, and to make observations, and discuss the reality of living with an objective vision, is the key to building the nation, as well as the discussion by the competent authorities, lead to a space of hope in progress, in various directions, and remains the experience of the Central Bank of Iraq in the convening of a general conference, Estimate, for it Affirms a noble and pure human relationship, constructive and rich in feelings between the specialists and the citizens .. The central bank is the safety valve for the family and society.

The Bank, through its well-known functions, has realized that working with the soundness of the needy is a necessary necessity, but it also senses the importance of comprehensive openness, views, taking advantage of them into account, working within the team's mindset and innovation without being arrogant. Of critical creative thinking leads to more solid successes. The biggest challenge for Iraq now, as the central bank sees, after the elimination of gangs, is the ability to establish a new economic and financial concept of civilization, rephrasing previous concepts.

The future sought by the conference needs renewed energies and great efforts, and most importantly, changes in the mindset and concepts, especially with regard to the concept of responsibility and public work. Money and economy are not incompatible.

Will the rest of the ministries and departments seek to lay out their perceptions and programs in front of specialists and the public of citizens and the media, as did the Central Bank of Iraq, which is the most dangerous institution in the state?

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