Author(s): Faril Mushraf Edan
The purpose of this study is to clarify a description of monetary policy in Iraq after 2003, based on the compatibility of the following factors: Iraq's economic challenges, the need for stability and growth, and the monetary policies in place. Monetary policy able to ensure inflation targeting, and stability of the exchange rate, but the economic system still suffers from imbalances that do not allow the use of all monetary policy tools in order to ensure the stability of the national economy, the ability of the Central Bank remains high in the field of qualitative tools, especially credit control, and some quantitative tools, particularly controlling the interest exchange rate to influence credit and the exchange rate