The Strategy Of The Central Bank Of Iraq (2016-2022) And Its Expected Role To Enhance Financial Stability

Abstract

The research addresses the problem of the rentier Iraqi economy, which depends in supplying its federal budget on oil revenues. Systemic and take precautionary measures in order to overcome financial turmoil. The importance of research is based on the adoption of a free economic system and a market economy in accordance with the forces of supply and demand, the most important pillars of which are financial stability based on the infrastructure of laws and legislation that serve the financial and banking institutions, capital markets, stocks and bonds. Therefore, the objectives of the research were to identify the Central Bank's strategy (2016-2022) and how it will support and enhance financial stability as it is set as a main objective in this strategy and research in the field. Possible mechanisms to enhance financial stability and whether there is a possibility for the success of this strategy in light of some indicators of financial stability.