The Central Bank and international organizations discuss mechanisms to enhance financial inclusion

by **claud39** Thu Nov 05, 2020 10:03 am

Central Bank and International Organizations Discuss Mechanisms to Strengthen Financial Inclusion

05/11/2020

Economy News - Baghdad

The Central Bank of Iraq announced the organization of a workshop to prepare a financial inclusion strategy in Iraq, in cooperation with the World Bank.

The Central Bank said in a press release received by Al-Iqtisad News, “ In cooperation with the Central Bank of Iraq, the World Bank organized a workshop to discuss the steps for preparing a financial inclusion strategy in Iraq and international support requirements, such as the role of public and private sector partners in its development and implementation, in the leadership of the Central Bank of Iraq in the transformation towards financial inclusion and the development of the financial and banking sector, and the initiative of the Arab Monetary Fund to strengthen this strategy in the Arab countries .

He added that the workshop is part of the Arab Initiative for Financial Inclusion organized by the Arab Monetary Fund in cooperation with the Global Alliance for Financial Inclusion and the German Organization for International Development. , where the workshop discussed the importance of collecting data on financial inclusion. supply and demand side indicators .

According to the statement, a number of representatives of banks and payment companies, heads and members of subcommittees from the Supreme Committee for Financial Inclusion attended the workshop . , Explaining that the Central Bank of Iraq has taken a number of measures in recent years to strengthen financial inclusion, which help facilitate the preparation of this strategy.

https://economy-news.net/content.php?id=22548

by **claud39** Thu Nov 05, 2020 10:05 am

The Central Bank and international organizations discuss mechanisms to enhance financial inclusion

November 05, 2020

The Central Bank and international organizations discuss mechanisms to enhance financial inclusion News-160456396083916

In cooperation with the "Central Bank of Iraq", the World Bank organized a workshop to discuss steps for preparing a strategy for financial inclusion in Iraq and the requirements of international support, as well as the role of partners from the public and private sectors in developing and implementing them, within the directions of the Central Bank of Iraq in the transformation towards financial inclusion and the development of the financial and banking sector, And the Arab Monetary Fund initiative to strengthen this strategy in the Arab countries.

The workshop comes within the framework of the Arab Financial Inclusion Initiative, organized by the Arab Monetary Fund in cooperation with the Global Alliance for Financial Inclusion and the German Organization for International Development, where the workshop discussed the importance of collecting data on financial inclusion indicators from the supply and demand sides.

The workshop was attended by a number of representatives of banks and payment companies, heads and members of the sub-committees emanating from the Supreme Committee for Financial Inclusion.

In recent years, the Central Bank of Iraq has taken a number of measures to enhance financial inclusion that contribute to facilitating the preparation of this strategy.

The Central Bank of Iraq

information Office

November 5, 2020

https://cbi.iq/news/view/1597

by **claud39** Thu Nov 05, 2020 12:47 pm

A parliamentary committee reveals an upcoming meeting with the Finance and Central Bank of this file

11/05/2020

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The Central Bank and international organizations discuss mechanisms to enhance financial inclusion %D8%B4%D9%8A%D8%B1%D9%88%D8%A7%D9%86-%D9%85%D9%8A%D8%B1%D8%B2%D8%A7-696x522

Information / Special ...

On Thursday, the Parliamentary Finance Committee revealed an upcoming meeting between it, the Finance Ministry and the Central Bank to discuss the fiscal deficit financing law.

Committee member Shirwan Mirza said in a statement to "the information", "The Finance Committee will hold a meeting next week with the Central Bank and the Ministry of Finance to discuss the fiscal deficit financing law," noting that "the meeting will deal with reducing the money ceiling within the law to the real extent that the government needs in Payroll insurance.

He added that "the meeting will be followed by the presentation of the law in the House of Representatives for a vote and passage," indicating that "next week the law may be passed completely."

Today, Thursday, the Parliamentary Economic Committee revealed that the government has determined the financial need of the Kurdistan Region by three times its basic need within the fiscal deficit financing law.

The deputy of the Fatah Alliance, Qusay Abbas, confirmed, on Wednesday, that the financial crisis that the country is going through will continue for the next year. 25 T.

https://www.almaalomah.com/2020/11/05/503694/