The Response to the Central Bank of Iraq to confront the Corona pandemic crisis

Abstract

In this research, the definition of the central bank and the mechanism for using traditional or non-traditional monetary policy tools, such as the quantitative easing policy, and how to use them during crises, specifically the Corona pandemic, which is a health crisis that negatively affected the Iraqi economy, as well as the dual political and economic crisis that Iraq went through at the end of 2019, were addressed. After that, the epidemiological crisis followed in February 2020, and how to follow preventive measures by the Ministry of Health And precautionary measures by the Central Bank and the government to reduce the severity of these negative effects and revitalize the economy and the deteriorating sectors due to the crises experienced by Iraq during the period of research and work to provide an active investment environment and not rely on oil revenues only for the purpose of achieving goals general economic.