Baghdad – IA – Wissam Al-Mulla
Today, Tuesday, the Parliamentary Finance Committee announced its intention to host the Governor of the Central Bank, Ali Al-Alaq, to discuss three main files, while indicating that the private sector is the only path to economic stability.
The head of the committee, Atwan Al-Atwani, said in a statement to the (INA): “The Prime Minister directed support for private banks,” indicating that “the committee intends to host the Governor of the Central Bank regarding this directive as well as the issue of the dollar exchange rate and discuss what was adopted by the Finance Committee for the development project.” Sustainable.”
He explained, “The committee adopted enhancing non-oil revenues, as there is an urgent need for development projects and increasing revenues, given that the price and quantity of oil are fixed, so there is no expansion in spending,” noting that “this experience will be discussed with the Governor of the Central Bank.”
He expressed his “support for the Prime Minister’s directives regarding supporting private banks and involving them in the Iraqi economy,” noting that “the private sector is the only way to raise sustainable development and economic stability, and this comes through the automation system, digital transformation, and a set of other measures.”