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2022-06-29 01:57
Shafaq Information / The Governor of the Central Financial institution of Iraq, Mustafa Ghaleb Makhif, stated on Wednesday that the Financial institution prevented the nation’s collapse in 2014.
Makhif stated that the financial institution managed to stop the nation’s collapse again in 2014, when the safety scenario deteriorated and the oil costs dropped.
He added that by its 18-trillion-dinars initiatives, CBI was in a position to assist state banks and supply funds to pay the farmers’ dues.
CBI governor indicated that the financial institution has remarkably intensified its efforts within the discipline of fresh vitality, by allocating one trillion dinars to buy mills working on photo voltaic vitality.
For her half, the US ambassador to Baghdad, Ambassador Alina L. Romanowski, stated that on Could 18, america Company for Worldwide Growth attracted greater than 40-million-dollar price of funding mission to be applied all through Iraq.
She introduced {that a} new mission to construct the primary fuel separation plant, in cooperation between the personal sector and the Ministry of Trade and Minerals, can be applied.
The US ambassador famous that the plant will present greater than 30,000 job alternatives.
https://shafaq.com/en/Economic system/CBI-governor-the-Financial institution-saved-Iraq-from-collapse-back-in-2014
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