Iraqi Prime Minister Ali Faleh al-Zaidi chaired the second meeting of the Financial Stability Council on Wednesday, where discussions focused on strengthening financial coordination, supporting economic growth, and advancing long-term development planning in Iraq.

Framework and Economic Policy Coordination

The meeting reviewed the overall framework guiding the Council’s work, along with mechanisms for implementing monetary and fiscal strategies.

Discussions also covered ways to stimulate key economic sectors and enhance their ability to contribute to growth and job creation.

Strengthening Fiscal and Monetary Integration

The Prime Minister underlined the importance of the Council as an institutional mechanism designed to improve coordination between Iraq’s fiscal and monetary policies.

He stated that this integration is essential for reinforcing economic stability, supporting development programs, and ensuring sustainable growth.

He also noted that the government is working on a comprehensive economic vision extending to 2050, which will focus on diversifying national income sources, encouraging investment, and improving resource management efficiency.

Focus on Stability and Institutional Cooperation

The meeting further emphasized the need for stronger coordination among relevant institutions to ensure financial stability, address ongoing economic challenges, and develop policies that protect the national economy while increasing its resilience to both domestic and international pressures.