Iraq

The IFF China Report 2019: The Belt and Road Initiative

Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…

Iraq to cut rates

The Central Bank of Iraq has announced that it will reduce its key policy rate by 1 percentage point to 14%, starting next year.

Oil price plunge prompts Iraqi cut

The Central Bank of Iraq has cut its benchmark rate by a full percentage point to 15% days after the governor warned that the dismal global outlook and the slump in oil prices could drag the country into recession.

Interview with governor of Iraqi central bank

Asharq Al-Awsat, a leading Arab English-language newspaper, has published a far-reaching interview with Dr Sinan Al-Shabibi, the governor of Iraq's central bank. Some of the main points are summarised below.

A new RTGS system for Iraq

The Iraqi central bank has reportedly started with the implementation of a new electronic real-time gross settlement payment system.

Iraq's central bank to curb inflation

Officials at the Central Bank of Iraq (CBI) said that the bank is considering taking measures to curb inflation which hiked to 70 percent last year on soaring oil prices, Iraq Directory reported Wednesday 14 February.

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