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Wed. AM KTFA News Articles 10-5-22

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Samson » October 5th, 2022

The Governor of the Central Bank of Iraq receives a delegation from the World Bank

5th October, 2022

Today, Wednesday, the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mokhif, received a delegation from the World Bank headed by the Regional Director of the Middle East Department, Mr. Jean-Christophe Cary.

During the meeting, they discussed the continuation of bilateral cooperation, enhancing financial inclusion and various projects to reform the banking sector, especially government banks. 

In this meeting, His Excellency reviewed the efforts of the Central Bank of Iraq in combating money laundering and terrorist financing, and the development projects launched by the Bank to move the wheel of the Iraqi economy.

Central Bank of Iraq Media Office   5 – October – 2022    LINK

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Learn about the “most important” imports of Iraq from Russia

5th October, 2022

Fuel and wood materials were among the “most important” Iraq’s imports from Russia during the year 2021, according to the trademap website, which provides a map of countries’ trade for exports, imports, international demand, alternative markets and competitive markets.

And the website stated in a statistic and seen by Shafaq News Agency, that “Iraq imported from Russia during the past year 24 main commodities, with a financial value of 282.681 million dollars,” noting that “the growth of imports from Russia decreased by 39% between 2017 to 2021.”

He added, “Mineral fuel came first in Iraq’s imports from Russia, with a value of 130 million dollars, followed by wood and its products, with a financial value of 54.5 million dollars, followed by iron and steel, with a value of 23 million dollars, and then grains with a value of 16 million dollars.”

The website also indicated that “Iraq’s exports to Russia amounted to 49 thousand dollars, indicating that “these exports increased by 23% between 2017 to 2021.”

He stated that “Iraq’s exports to Russia were concentrated in only three items, including fruits and edible nuts, with a financial value of 40 thousand dollars, followed by photography and visual products with a financial value of 6 thousand dollars, and then iron and steel products with a value of 3000 dollars.”   LINK

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Source: Dinar Recaps

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