ARTICLE AD BOX
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the European Bank for Reconstruction and Development (EBRD) in Baghdad.
The meeting discussed the measures required to commence their work in Iraq next September, following the completion of Iraq's accession procedures to the European Union bank.
During the meeting, His Excellency the Governor reviewed the progress of the ongoing financial and banking reform plans and the role of the Central Bank in achieving monetary stability, maintaining the stability of the general price level, and controlling inflation.
He also reviewed the procedures for transitioning to digital banking and employing modern financial technologies to provide financial and banking services.
The meeting discussed the role of the Central Bank of Iraq in supporting economic growth through its financing initiatives for economic sectors.
For its part, the European Bank delegation expressed its readiness to provide technical support and financing for the restoration and modernization of infrastructure, the transition to a green economy, and supporting the private sector to play its role in the growth of the Iraqi economy.
Central Bank of Iraq
Media Office
May 22, 2025 link
English (US) ·