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Why is the central bank and our national economy targeted? DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Why is the central bank and our national economy targeted?

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Why is the central bank and our national economy targeted? Empty Why is the central bank and our national economy targeted?

Post by RamblerNash Mon Aug 15, 2022 9:50 pm

Why is the central bank and our national economy targeted? 3311
Update 08/16/2022 - 3:29 AM

Samir Al-Nusairi
Our country is now going through suffocating and complex crises and great challenges, most notably the political crisis and the effects of the global economic and financial crisis and its negative repercussions on the national economy. The Central Bank is making clear efforts to revitalize the national economy and overcome the expected damage that the country will suffer later. At a time when our people are demonstrating and looking forward to finding immediate solutions and remedies to overcome the political and economic crises and meet their basic needs .

Some social media and some satellite channels known for their orientations and with the intent of deliberately harming the national economy and national economic institutions that have clear success experiences and work with Iraqi national cadres and that these parties are motivated by special and projective interests and target our national economy and its institutions that have achieved clear achievements during the economic and security shocks that Iraq went through it after mid-2014 until the present time, and it contributed to achieving economic resilience and supporting our national economy. Their statements and press and media reports have preoccupied us these days by targeting the Central Bank and involving organizational and administrative problems in other institutions, or exploiting leaks to amplify fabricated information that has not been audited and verified.

Its aim is to blackmail and cover up the achievements made during the years of crises. So why target? The reason, as I see it, is that the Central Bank insists on the need for all relevant authorities to carry out its daily work, both internally and externally, to abide by the instructions, controls and regulations in accordance with its objectives contained in Law 56 of 2004, which maintains economic stability in the country   .

Although I respect the other opinion that is issued by non-specialists or specialists in the economy and monetary policy in particular, but I may disagree with the opinion that is trying to dwarf, minimize and personalize the achievements made by the Central Bank in the face of challenges .

Therefore, I call on the media to look, even for once, to preserve the reputation of the Iraqi economy internally and externally, because it is illogical to allow targeting our economic institutions that are directly responsible for achieving steadfastness and economic stability .

Because accusations against the Central Bank are an insult to Iraq’s economic reputation internationally without checking and investigating the leaked information. These parties know before others through evidence and achievements that the Central Bank of Iraq has proven that it is the first independent economic institution in supporting and stimulating the national economy and maintaining its reputation locally and internationally .


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