Abstract

In this research, we discussed the definition of the Corona virus and the Central Bank’s policy followed, then learning about the health procedures during the Corona pandemic and the procedures of the Central Bank of Iraq, and addressing the policy of quantitative easing as an unconventional monetary policy and how to use it during crises. The epidemic crisis is a health crisis that negatively affected the Iraqi economy in addition to the two crises. The political and economic situation that the Iraqi economy went through in the last months at the end of 2019, at the beginning of the year 2020, in February, the first infection with the epidemic began to appear, and how to follow preventive measures by the Ministry of Health and precautionary measures and means by the Central Bank to mitigate the negative effects and reactivate the affected sectors as a result of the pandemic that Iraq went through during the research period, in addition to providing an active investment environment. It is safe, does not depend on oil revenues alone, and achieves general economic goals.