KRG PM says determined to help companies after talks with CBI governor

KRG Prime Minister Masrour Barzani meets Governor of Central Bank of Iraq Mustafa Ghalib Mukhif in Erbil, June 20, 2021.

SULAIMANI (ESTA) — Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani said he is determined to help more small and medium companies in the Kurdistan Region, after talks with the governor of Iraq’s Central Bank.

Barzani met with CBI governor Mustafa Ghalib Mukhif on Saturday in Erbil to discuss banking system and loans for entrepreneurs in the Kurdistan Region as well as preventing illegal use of money in business and terrorism, the KRG said in a statement.

The Kurdish premier said reorganizing the banking sector was an important step in boosting investments and gaining trust of international financial institutions.

“Good, productive talks with CBI Governor Mustafa Ghalib Mukhif on ways to give KRI’s entrepreneurs and start-ups access to small loans. This is crucial for stable economic growth,” Barzani said in a tweet.

“I’m determined to help more small and medium companies grow. That’s good for Kurdistan and Iraq,” he added.

According to the KRG’s statement, the CBI governor also addressed cooperation between the federal government and the Region.

He said the CBI “recognizes the Kurdistan Region’s Erbil branch as the main banking authority in the region,” the statement read.

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