2026-08-13T17:09:07+00:00
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Shafaq News- Baghdad
The Central Bank of Iraq (CBI) has recorded notable
shifts and a marked decline in its financial indicators, with the bank’s net
claims on the government rising even as official reserves shrink, economist
Manar al-Obaidi, head of the Future Iraq Foundation for Economic Studies and
Consultancy, revealed on Thursday.
CBI net claims on the government registered a sharp
increase, reaching 66.6 trillion dinars (approximately $50.8B), compared to 35
trillion dinars (approximately $26.7B) at the start of 2025, al-Obaidi said,
based on an economic reading drawing on the latest operational and banking
data.
Net official reserves held by the central bank fell to
102 trillion dinars (approximately $77.8B), down from 130 trillion dinars
(approximately $99.2B) at the start of 2026, al-Obaidi added, noting that July
alone saw the central bank lose approximately 10.3 trillion dinars
(approximately $7.9B) from its foreign currency and banking reserves.