The Central Bank of Iraq met with the Islamic Corporation for the Insurance of Investment and Export Credit. Governor Ali Mohsen Al-Alaq hosted the ICEIC delegation in Baghdad. The talks focused on ways to strengthen financial cooperation and expand investment opportunities. The Iraq investment growth with Central Bank and ICEIC reflects a new stage of economic progress.
Both sides reviewed a study on loan insurance programs. These programs aim to support foreign investors and local companies. They will also help fund strategic projects in partnership with the Iraqi government. Officials agreed that reliable loan insurance makes projects more attractive to investors.
The ICEIC delegation highlighted Iraq’s steady progress in many sectors. They praised the country’s growing stability and its positive effect on business confidence. They also stressed that stability encourages new investment and creates fresh opportunities. The Iraq investment growth with Central Bank and ICEIC shows how financial security can drive development.
The discussions also explored the Islamic Development Bank’s role in Iraq. The delegation confirmed its commitment to support projects in infrastructure and industry. This support will help Iraq accelerate growth and attract international partners.
Leaders believe that new financial tools will make Iraq’s market more competitive. Loan insurance, along with cooperation from the Central Bank, ensures that investors feel secure. Officials from both sides noted that this cooperation builds trust and supports long-term growth.
The meeting closed with optimism about Iraq’s financial future. Both parties expressed readiness to keep working together on investment and credit projects. They see this cooperation as a vital part of Iraq’s overall development plan. The Iraq investment growth with Central Bank and ICEIC continues to strengthen economic partnerships.