{"id":381516,"date":"2025-01-28T12:05:40","date_gmt":"2025-01-28T15:05:40","guid":{"rendered":"https:\/\/anba.com.br\/?p=381516"},"modified":"2025-01-28T12:05:41","modified_gmt":"2025-01-28T15:05:41","slug":"central-bank-of-iraq-to-further-support-industry","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/central-bank-of-iraq-to-further-support-industry\/","title":{"rendered":"Central Bank of Iraq to further support industry"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 The Governor of the <a href=\"https:\/\/cbi.iq\/\" target=\"_blank\" rel=\"noopener\">Central Bank of Iraq<\/a>, Ali Mohsen Al-Alaq, said on Tuesday (28) the institution will launch a financing program for the local industry. The announcement was made during the Iraq Energy Conference held in capital Baghdad.<\/p>\n\n\n\n<p>According to Al-Alaq, the financing will be provided through a partnership with two state-owned banks, the Trade Bank and the Industrial Bank. The initiative aims to increase the industry\u2019s participation in the Iraqi economy.<\/p>\n\n\n\n<p>\u201cThe initiatives undertaken by the Central Bank represent tools to move the wheel of development and enhance economic stimulus. They are unconventional policies aimed at supporting the overall economy,\u201d said Al-Alaq, while pointing out that financial stability is no less important than political and security stability.<\/p>\n\n\n\n<p>According to information from the Central Bank of Iraq, since 2016 IQD 13 trillion (equivalent to USD 9.9 billion) have been allocated to real estate projects and small and medium-sized businesses in the country. Another IQD 1 trillion (USD 762.7 million) have been allocated to investments in solar energy.<\/p>\n\n\n\n<p><em>Read more:<\/em><br><a href=\"https:\/\/anba.com.br\/en\/brazil-expands-exports-to-iraq\/\">Brazil expands exports to Iraq<\/a><\/p>\n\n\n\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-381503\">Reproduction\/Facebook<\/div>","protected":false},"excerpt":{"rendered":"<p>The institution will launch a financing program to increase the sector\u2019s participation in the economy of the Arab country.<\/p>\n","protected":false},"author":2316,"featured_media":381503,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[52229,10545,9590],"class_list":{"0":"post-381516","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-central-bank-of-iraq","9":"tag-economy-en","10":"tag-industry-en"},"wps_subtitle":"The institution will launch a financing program to increase the sector\u2019s participation in the economy of the Arab country.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/381516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=381516"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/381516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/381503"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=381516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=381516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=381516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}