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Prime Minister: It is not possible to work in any development sector without reform steps for the banking sector
Wednesday 17, April 2024 19:34 | Political Number of readings: 381
Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Wednesday, that
it is not possible to work in any development sector without reform steps for the banking sector.
A statement from his media office stated that Al-Sudani received at his residence in the American capital, Washington, this evening, Wednesday, (Baghdad time), the President of JP Morgan Bank, Masha Klovksi, and his accompanying delegation.
During the meeting, according to the statement, the
government’s efforts to implement reforms were discussed. Finance and banking, in light of the path it is pursuing towards improving the economic situation and achieving development, in addition to discussing the
government’s measures to develop the government banking sector, through its contracts with major international consulting companies specialized in banking reform, and
encouraging private banks to open accounts with foreign banks to become banks Correspondent, according to a plan aimed at dispensing with the electronic platform at the end of this year.”
Al-Sudani stressed, according to the statement,
that it is not possible to work in any development sector without reform steps for the banking sector, and the
necessity of continuing the dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.
For his part, Klovsky praised the efforts of the Iraqi government in Activating, developing and qualifying government and private banks, and their procedures in the field of providing assistance to private Iraqi banks, stressing his support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership.” /End 2
https://ninanews.com/Website/News/Details?key=1121694
Wednesday 17, April 2024 19:34 | Political Number of readings: 381
Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Wednesday, that
it is not possible to work in any development sector without reform steps for the banking sector.
A statement from his media office stated that Al-Sudani received at his residence in the American capital, Washington, this evening, Wednesday, (Baghdad time), the President of JP Morgan Bank, Masha Klovksi, and his accompanying delegation.
During the meeting, according to the statement, the
government’s efforts to implement reforms were discussed. Finance and banking, in light of the path it is pursuing towards improving the economic situation and achieving development, in addition to discussing the
government’s measures to develop the government banking sector, through its contracts with major international consulting companies specialized in banking reform, and
encouraging private banks to open accounts with foreign banks to become banks Correspondent, according to a plan aimed at dispensing with the electronic platform at the end of this year.”
Al-Sudani stressed, according to the statement,
that it is not possible to work in any development sector without reform steps for the banking sector, and the
necessity of continuing the dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.
For his part, Klovsky praised the efforts of the Iraqi government in Activating, developing and qualifying government and private banks, and their procedures in the field of providing assistance to private Iraqi banks, stressing his support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership.” /End 2
https://ninanews.com/Website/News/Details?key=1121694
