Page 30 - investment-map-En-2021

Iraq Investment Map2020-2021
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streamline of the banking connecting network. CBI could finish the infrastructure works
of the database centers, database systems, their operating applications, and ICT systems
that provide a platform for backup and programming in order to avoid partial and total
failure of database systems.

Macroeconomic objectives

Financial Policy:
Objectives
Goal 1: correct the public spending structure.
Goal 2: diversify the structure of public revenues and increase the revenues of non-oil
revenues
Goal 3: address the real deficit in the state budget.
Goal 4: Improve public financial management.
Goal 5: Raise private saving rates.

Monetary policy:
Objectives:
Goal 1: To maintain inflation rates within the limits of the decimal point.
Goal 2: To maintain the stability of the local currency exchange rate.
Goal 3: To promote the principles of disclosure, transparency, monitoring and the
establishment of governance systems in the Iraqi banking sector.
Goal 4: Enhancing financial inclusion.
Goal 5: Create a growth-driven credit activity.
Goal 6: Reinforcement of foreign exchange reserves.
Goal 7: Combating the phenomenon of money laundering.
Goal 8: Activate the role of the Central Bank of Iraq in promoting monetary and financial
integration, including capital markets, banking and investment institutions and
insurance companies.
Goal 9: The adoption of information technology in the mechanisms of the Central Bank
of Iraq.

Trade Policy:
Objectives:
Goal 1: Improve the competitiveness of domestically produced goods.
Goal 2: increase the revenues of the general budget.
Goal 3: Achieve equilibrium in the balance of payments.
Goal 4: Promote national production.
Goal 5: To increase the volume of commodity exports.
Goal 6: Increase agricultural and industrial production.
Goal 7: Coordinate macroeconomic policies in Iraq.

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