Home » Financial literacy for a Sustainable Future in Iraq [EN/AR] – Iraq

Financial literacy for a Sustainable Future in Iraq [EN/AR] – Iraq

by UNN Feed


The ILO and the Central Bank of Iraq Launch the Financial Inclusion Week in Southern Iraq under the heading: “Towards Encouraging Savings to Enhance Financial Inclusion,” with funding from the Government of Italy.

Al-Muthanna, Iraq – May 2, 2024 – The International Labour Organization (ILO) and the Central Bank of Iraq (CBI), with the support of the Italian Agency for Development Cooperation (AICS), are partnering to empower individuals and businesses in southern Iraq with financial literacy skills. A week-long initiative kicked off in Al-Muthanna governorate this week aligns with the CBI’s broader Financial Inclusion Week activities for 2024, themed “Towards Encouraging Savings to Enhance Financial Inclusion.”

The initiative builds upon the ongoing collaboration between the ILO, AICS and the government of Iraq to promote decent work, green jobs and a sustainable future in the south, under the ILO project “Towards More and Better Employment through Enhanced Support to Private Sectors in Southern Iraq – with a Focus on Green Business.”

“Financial inclusion is essential for building a more sustainable and inclusive future for all,” said Maha Kattaa ILO country coordinator in Iraq. “Through this collaboration with AICS and the CBI, we are empowering people in southern Iraq, particularly youth and women, with the financial literacy skills they need to save, invest, and grow green businesses, which contributes to enhancing economic development and creating decent job opportunities for all,” Kattaa added.

AICS, Italy’s development cooperation agency, attaches great importance to financial inclusion for building a sustainable and inclusive future. Its support allows the programme to equip individuals and businesses with the knowledge and tools needed to fully participate in the financial system. This financial literacy empowers them to save, invest, and foster innovation, particularly for green businesses…

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