The second session of Iraq’s Financial Stability Council was held on Wednesday, chaired by Prime Minister Ali al-Zaidi.
According to the Prime Minister’s Office, the meeting covered the council’s general operational frameworks and the mechanisms for implementing financial and monetary plans and strategies. Participants also discussed ways to stimulate various economic sectors and enhance their capacity to contribute to economic growth and job creation.
Al-Zaidi stressed the importance of the council, describing it as an effective institutional framework for strengthening coordination and integration between fiscal and monetary policy in Iraq, with the aim of consolidating economic stability and supporting development. He noted that the government is working towards a comprehensive economic vision for Iraq to 2050, based on diversifying sources of income, promoting investment, and improving the efficiency of resource management.
The meeting also emphasised the need to unify efforts among relevant institutions to ensure financial stability, address economic challenges, and develop policies to safeguard the national economy and enhance its resilience in the face of domestic and international changes.
