Addressing the problems of the Iraqi financial system
Addressing the problems of the Iraqi financial system
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The financial system in Iraq consists of a group of institutions and structures that manage the financial and economic affairs of the country. Here are the components of this system in detail:
1. Central Bank of Iraq:
- Role: It is considered the body responsible for implementing monetary policy, issuing currency, and managing cash reserves.
- Objectives: price stability, exchange rate stability, and encouraging economic growth.
2. Commercial banks:
- Its types: include government banks such as Rafidain Bank and Rashid Bank, in…
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