Author(s): Xiongbin Wang
As an AI language model, I can provide you with a general overview of financial policies in Iraq based on information available up until September 2021. However, please note that economic policies and conditions may have changed since then. It's always a good idea to refer to the latest official sources or consult with financial experts for the most up-to-date information.
Iraq has been working to strengthen its financial policies to support economic development and stability. Here are some key aspects of financial policies in Iraq. The Central Bank of Iraq (CBI) is responsible for formulating and implementing monetary policy in the country. Its primary objective is to maintain price stability and promote economic growth. The CBI uses various tools, such as setting interest rates, reserve requirements, and foreign exchange policies, to manage inflation and stabilize the value of the Iraqi dinar.