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Al-Sudani: The financial and economic reform process cannot take place without a banking system
May 7, 2024
Baghdad/Iraq Observer
Prime Minister Muhammad Shiaa Al-Sudani confirmed during his meeting with the delegation of the Union of Arab Banks that the process of financial and economic reform cannot take place without a banking system.
The Prime Minister’s media office stated that “Prime Minister Muhammad Shiaa Al-Sudani received, today, Tuesday, the delegation of the Union of Arab Banks, headed by the Secretary-General of the Union, Mr. Wissam Hassan Fattouh. Al-Sudani welcomed, at the beginning of the meeting, the holding of the Arab Banks Conference in Baghdad, expressing Iraq’s happiness in hosting the conferences.” Arabic, which confirms the return of Iraq to its natural position in the region and the world.”
The Prime Minister stressed that the process of financial and economic reform, which was adopted by the government, cannot occur without a solid banking system that is in harmony with the world,
indicating that the government has placed this matter within its work of development and reform since its first day, and that
Iraqi banks are proceeding today on a The right path in its transactions regarding financial transfers, and that
coordination of financial and monetary policy with the Central Bank continues, while preserving the bank’s independence.”
The Prime Minister pointed out that the policy of clarity, which was adopted by the government, helped identify the deficiencies in the banking system and worked to fix them, noting that
the Development Road Project is one of the aspects of economic integration in the region.
His Excellency welcomed holding a banking workshop to discuss the role of banks in the project. And in establishing industrial cities on the path of the road.”
For its part, the delegation of the Union of Banks praised the government’s measures to reform the banking sector.
As they are clear measures aimed at strengthening and enhancing the work of this sector,
the delegation also expressed its appreciation for the government’s steps in supporting the private sector and enhancing its role in sustainable development and international and regional partnerships.
https://observeriraq.net/السوداني-عملية-إلاصلاح-المالي-والاقت/
May 7, 2024
Baghdad/Iraq Observer
Prime Minister Muhammad Shiaa Al-Sudani confirmed during his meeting with the delegation of the Union of Arab Banks that the process of financial and economic reform cannot take place without a banking system.
The Prime Minister’s media office stated that “Prime Minister Muhammad Shiaa Al-Sudani received, today, Tuesday, the delegation of the Union of Arab Banks, headed by the Secretary-General of the Union, Mr. Wissam Hassan Fattouh. Al-Sudani welcomed, at the beginning of the meeting, the holding of the Arab Banks Conference in Baghdad, expressing Iraq’s happiness in hosting the conferences.” Arabic, which confirms the return of Iraq to its natural position in the region and the world.”
The Prime Minister stressed that the process of financial and economic reform, which was adopted by the government, cannot occur without a solid banking system that is in harmony with the world,
indicating that the government has placed this matter within its work of development and reform since its first day, and that
Iraqi banks are proceeding today on a The right path in its transactions regarding financial transfers, and that
coordination of financial and monetary policy with the Central Bank continues, while preserving the bank’s independence.”
The Prime Minister pointed out that the policy of clarity, which was adopted by the government, helped identify the deficiencies in the banking system and worked to fix them, noting that
the Development Road Project is one of the aspects of economic integration in the region.
His Excellency welcomed holding a banking workshop to discuss the role of banks in the project. And in establishing industrial cities on the path of the road.”
For its part, the delegation of the Union of Banks praised the government’s measures to reform the banking sector.
As they are clear measures aimed at strengthening and enhancing the work of this sector,
the delegation also expressed its appreciation for the government’s steps in supporting the private sector and enhancing its role in sustainable development and international and regional partnerships.
https://observeriraq.net/السوداني-عملية-إلاصلاح-المالي-والاقت/
