Updates:

Bank deposits are subject at the Iraqi Deposit Insurance Company.

Al-Mashreq Al-Arabi Islamic Bank for Investment and the International Monetary Fund mission in Iraq
discussed ways to develop the financial sector, promote financial policy tools within the country and
develop the private sector’s contribution to the GDP.
Mr. Jassim Al-Aradi, representative of Al-Mashreq Al-Arabi Islamic Bank for Investment, said that the meeting
addressed the possibility of working to support the government’s reform efforts and that the private
sector should be supportive of the directives to create financial sustainability commensurate with the
size of the Iraqi economy and the required expenditures.
In turn, the head of the IMF mission to Iraq, Dr. Ghazi Shabikat, described
The presence of a private sector that works to revitalize the joints of the economy is an important step,
especially with the existence of serious government directives aimed at improving the work paths in
Iraq.

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