The Iraqi Parliament members arranged a meeting with the officials of Iraqi Central banks and managers of governmental banks in order to meet the current financial crisis in the country.
The Vice President of Iraqi Council of Representatives Iaram Sheikh Muhammad arranged this meeting with the Governor of Iraqi Central Bank Ali, Director General of the Agricultural Bank Muhammad Haadi Kareem and Director General of Industrial Bank Kazim Muhammad Nashor. This meeting also attended by the heads of Kurdish Blocs representatives in the Parliament and a number of Iraqi Parliamentary Finance Committee members in order to discuss the measures and strategies to make certain support for the government of Iraq to defeat the current and expected financial crisis in the country.
The Vice President of Iraqi Council of Representatives further added in his statement that Iraqi Central Bank should ensure the fluidity and prevent the beneficiaries that are involved in creating inflation and crisis in the domestic markets. We should implement some urgent financial policies and mechanisms to provide support and loans to the Iraqi people including Kurdistan region. The Governor of Iraqi Central Bank said that CBI has taken all the essential measures to support Iraqi private sector and Iraqi citizens. He added that Iraqi Central Bank has launched a package of 6 trillion Iraqi dinars for Industrial, Agricultural and Real Estate sector. Iraqi banks will grant loans to Iraqi citizens for small, medium and enterprise level businesses. This process would involve more people and investors in Iraqi dinar investment.