On the final day .. Iraq is looking at the volume of financial aid from the Kuwait Conference

The Iraqi government is waiting for the participants in the reconstruction conference to announce their contributions to the international aid campaign. Iraqi officials expressed their satisfaction at the size of participation in the Kuwait donor conference which ends on Wednesday.

The participating countries, which include hundreds of officials, non-governmental organizations and businessmen, are expected to announce the value of their financial contributions today, including Saudi Arabia, which is participating in a delegation headed by Foreign Minister Adel al-Jubeir, the Saudi daily Asharq Al-Awsat reported on Wednesday. Which pledged to grant Iraq financial assistance and export financing.

Prime Minister Haider al-Abadi said yesterday that the government has worked to achieve economic reforms and remove obstacles to investors and stressed in a speech during the International Conference on Iraq Reconstruction his country’s ability to attract investments.

Iraqi officials said financial and banking stability was a prerequisite for economic growth, which in turn was a practical framework for investment financing. They also stressed during a dialogue session on reconstruction financing the importance of boosting the economy to encourage investors to enter the Iraqi market.

According to Deputy Governor of the Central Bank Mahmoud Dagher, “The Bank focused on monetary stability, which is a major target for monetary policy, especially as it alone manages the money supply and then affect the price system,” noting that “the index to counter Iraq’s imports within the framework of the reserves Now it has reached 50 billion dollars compared to neighboring countries, it is considered at a good level through which the management of money supply and investors can be assured of the state of the Iraqi economy.

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(Special thanks to Charles Bright)