INA - BAGHDAD
Prime Minister Ali Faleh Al-Zaidi chaired on Wednesday the second meeting of the Financial Stability Council.
The meeting discussed the general framework governing the Council’s work, mechanisms for implementing financial and monetary plans and strategies, and ways to stimulate various economic sectors and enhance their capacity to contribute to economic growth and job creation, according to a statement from the PM Media Office, received by the Iraqi News Agency - INA.
“The Council is important as which will serve as an effective institutional framework for strengthening coordination and integration between Iraq’s fiscal and monetary policies, thereby contributing to economic stability, supporting development efforts, and promoting sustainable economic growth,” said Al-Zaidi.
He noted that “the government is moving forward with the preparation of a comprehensive economic vision for Iraq through 2050, based on diversifying sources of income, promoting investment, and improving the efficiency of resource management.”
The meeting also stressed “the importance of unifying efforts among relevant institutions to ensure financial stability, address economic challenges, and formulate policies that safeguard the national economy and enhance its resilience in the face of domestic and international developments.”
