مجلة الدراسات التجارية والاقتصادية المعاصرة
Volume 7, Numéro 1, Pages 209-228
2024-01-15

The Role Of The Central Bank In Supporting Comprehensive Financial Systems In The Region Of The Middle East: Case Study Of The Central Bank Of Iraq

Authors : Oulad Brahim Laila .

Abstract

This research aims to comprehend and understand key theoretical concepts related to financial inclusion through our study of the role of the central bank in promoting financial inclusion, with a focus on the Central Bank of Iraq as a case study, including its various aspects and evaluating indicators. The study also emphasizes the significance of financial inclusion in enhancing economic and social aspects within countries. To achieve the objectives of the study, descriptive and analytical methodologies were employed, chosen to align with the study's data and reports. A case study was conducted on the role of the Central Bank of Iraq in promoting financial inclusion. The study's findings indicate that central banks bear a significant responsibility in raising the level of financial inclusion due to their distinct advantages and capabilities, whether in terms of material resources or human personnel. Based on these capabilities, central banks are qualified entities to lead national strategies aimed at enhancing financial inclusion. The success of the national strategy adopted by the Central Bank of Iraq in achieving the aspirations of enhancing financial inclusion has been confirmed.

Keywords

Financial Inclusion ; Central Bank ; Financial Exclusion ; Financial Services ; Financial Access