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Finance: We are working on straightening the banking system
Economie Today, 22:02
Baghdad - Informed,
Undersecretary of the Ministry of Finance, Masoud Haider, confirmed work to correct the banking system to be able to mobilize financial resources.
A statement of the Ministry of Finance, received by the Iraqi News Agency (INA), stated,
"The Undersecretary of the Ministry of Finance, Masoud Haider, chaired today, Monday, an expanded meeting to follow up the implementation of the government program, in the presence of the advanced staff in the ministry and its departments. During the meeting,
the most important obstacles were diagnosed, identified and overcome obstacles, and reviewed the stages Achievements in departments, agencies and banks affiliated with the Ministry, and the extent to which the achievements are consistent with what is planned within the government program. Jaider stressed, according to the statement,
the importance of proceeding with the implementation of the plans prepared within the program to develop the work of the customs and tax sectors, and
the completion of the implementation of the project to automate the two sectors, as they are among the vital sectors that contribute to supporting the pillars of the national economy, along with the oil sector and other sectors.
Regarding improving the work of the banking sector, the agent explained,
"We are working on evaluating the banking system to be able to mobilize financial resources, reallocate them, and improve their efficiency to serve economic activity,
and work to modernize and strengthen it by bringing about changes in the banking industry, restructuring and crystallizing it to become more comprehensive for change and reform, and
to lay the foundations." A stable and pivotal financial economy.
https://www.ina.iq/178725--.html
