Economist: Iraq's environment is expelling investment and the Central Bank on government investment

Economist: Iraq's environment is expelling investment and the Central Bank on government investment

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The economic expert, Salah Nouri, described today, Sunday, Iraq's environment as "repelling investment."

Nuri told Al-Furat News that: "Talking about Iraq's investment in securities may concern the private sector and not the government, as it is known that Iraq is an environment that expels investment, which may push some traders and businessmen to foreign investments."



He added, "Foreign government investment is only for the Central Bank through bonds, and there were investments with the Ministry of Finance, but at the moment they do not exist."





For his part, the economic expert, Manar Al-Obaidi, considered Iraq the highest investment country in foreign securities at the regional level.

Al-Obaidi said, in a statement, that the volume of the Central Bank of Iraq's foreign investments amounted to more than 60 trillion dinars, which is the highest since the establishment of the Central Bank of Iraq at all.