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The Central Bank sets the goal of its call to establish a sovereign fund

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Post by RamblerNash Sat Jul 23, 2022 7:38 pm

The Central Bank sets the goal of its call to establish a sovereign fund 2513
Update 07/23/22 - 9:18 PM
  
Economy News - Baghdad

On Monday, the Central Bank of Iraq clarified the purpose of its call to establish a sovereign fund.

The Deputy Governor of the Central Bank, Ammar Khalaf, said, "The bank's management called for the necessity of allocating a sovereign fund to take advantage of the financial abundance of the state," explaining that "the decision of the sovereign fund is dependent on the Iraqi government and the Ministry of Finance in the basic degree."

Khalaf added in an interview with the official news agency, "The Central Bank contributes to the management of this fund."

https://economy-news.net/content.php?id=28941

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