CBI : Iraqi economic situation is good compared to the countries of the region and neighboring

Economy

26-05-2022, 19:11

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Baghdad-INA
The Central Bank of Iraq (CBI) announced on Thursday, Iraq’s foreign currency reserves, while noting that the Iraqi economic situation is very excellent compared to the countries of the region and neighboring countries.

The Director General of Investments in the CBI, Mazen Sabah Ahmed, said in a video, which was followed by the Iraqi News Agency (INA), that "Iraq's foreign currency reserves amounted to 74 billion dollars, distributed between 8 to 9 major countries, with various forms and assets."

He added, "This high level makes Iraq in a good position of the level of foreign reserves," reassuring "about the level of Iraq's foreign reserves."

Ahmed stressed that "the economic situation is good," calling on government agencies to take advantage of this financial abundance.