Chapter 7. Banking Supervision in an Ongoing Conflict: The Case of Iraq


Development of financial intermediation and other financial services is of critical importance to support economic growth in Iraq. This requires both a banking regulatory and supervisory system in line with best international standards and practices, and sound and efficient financial intermediaries. None of this was in place under the former regime, which was shaped after the Soviet centrally-planned model, with a financial system designed to support a war economy.

Case Studies in Technical Assistance