Allaq, has announced the launch of a comprehensive plan to reform private banks in partnership with local and international institutions, Al-Iqtisad News reported on April 7. 'Iraqi banks have taken ...

Central Bank of Iraq is an Iraq-based bank, which organizes the issue and circulation of the currency of the State of Iraq, regulates the exchange and credit policy, licenses and supervises banks, as ...

In a significant move to combat financial crimes, Iraq’s central bank has decided to prohibit five local banks from conducting transactions in U.S. dollars. This action aims to address issues ...

In light of the difficulty of implementing additional fiscal consolidation in 2016–17, fiscal and current account deficits are expected to be financed by an increase in indirect monetary financing by ...