Role of Central Bank

The College of Administration and Economics at the University of Baghdad discussed , a master’s thesis in field of Economic by the student ( Meena Ali Abd Almuhsin ) and tagged with (Role of Central Bank initiative to develop the private industrial sector of Iraq ) , Under supervision of ( Prof . Dr. Faris Kareem Buraihi )
The dominance of the public industrial sector in the Iraqi economy over the past decades has marginalized the private industrial sector، and this marginalization led to a decrease in the role of this sector and its production capacity، and thus led to a decrease in its contribution to the economy due to its weak material and technical capabilities and its reliance on existing local resources as major production factors in its activities Productivity.
The research is based on the hypothesis that the initiatives of the Central Bank of Iraq have a role in supporting and developing the private industrial sector and enabling it to achieve its desired goals. The research aims to identify the role of the initiatives of the Central Bank of Iraq and indicate the size of the loans and financial allocations provided to the private industrial sector and the extent of their impact on the national economy and evaluate the initiatives The Central Bank of Iraq in developing the private industrial sector، indicating the percentage of benefit from it and whether it achieved the desired goals or not. The study concluded with a set of conclusions، the most important of which is that the Central Bank of Iraq used an unconventional monetary policy through intervention to finance economic projects، including private industrial projects، and achieve economic growth through multiple financing initiatives. And a set of recommendations، the most important of which are as a result of the increased demand by private industrial sector project owners for loans from the Central Bank of Iraq initiative. We must continue to increase financial allocations for this initiative and provide all necessary facilities to facilitate the borrowing process and attract borrowers، and strive for the success of loan initiatives to finance industrial projects by activating the role of Government banks Eligibility to provide soft loans for these projects.

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