New Bank will be Established to Finance Trade for Iraqi Private Sector
On Sunday, the Economic Affairs Advisor to the Iraqi Prime Minister, Muhammad Saleh issued a statement that Iraqi government has planned to establish a new bank for finance trade to Iraqi private sector. He also stressed the need for detachment between foreign trade financing and monetary policy. He added in his interview that it is the time to segregate trade financing and monetary policy with the proposal and establish a new bank. It would work in cooperation with government and…