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Baghdad and Washington are discussing the stability of the dinar's exchange rate against the dollar
Economy 2024-07-12 | 15:35
3,535 views
On Friday, Deputy Prime Minister and Foreign Minister Fouad Hussein discussed with the Undersecretary of the US Treasury for Terrorism and Money Laundering the issue of stabilizing the dinar’s exchange rate against the dollar.
stated A statement from the Iraqi Ministry of Foreign Affairs reported to Al-Sumaria News,
“The Deputy Prime Minister and Minister of Foreign Affairs, Chairman of the Ministerial Council for the Economy, Fuad Hussein, met on Friday, July 12, 2024, with the Under Secretary of the US Treasury for Terrorism and Money Laundering, Brian Nelson, in the presence of the two accompanying delegations at the headquarters The ministry was in Washington, D.C., and discussed the issues that the two parties are working on in accordance with their previous reform agreements. Hussein stressed
"the Iraqi government's commitment to moving forward with its reform and economic measures related to the Iraqi banking system and the energy sector." He explained that
"the government's policy seeks to
achieve Iraqi energy independence through associated gas investment projects, and to
develop the working mechanism of Iraqi banks in line with international standards to ensure transparency and provide open data, so that banks can provide the services that the Iraqi people need,"
calling on the American side to reconsider the plan. Sanctions imposed on about 32 Iraqi banks, as they engaged in the structural reform process.” Hussein pointed out that
"the stability of the exchange rate of the Iraqi dinar against the US dollar represents a fundamental pillar for achieving economic, social and political stability in Iraq, which is what the government seeks to achieve,
calling on the relevant American institutions to review it and build on it." For his part,
Nelson praised the steps taken by the Iraqi government
to support the Iraqi economy and
address the challenges facing it.
He stressed that the relevant American institutions understand the seriousness of the Iraqi government in modernizing the work mechanisms in Iraqi institutions,
expressing the readiness of the American side to help Iraq in addressing the obstacles to its reforms.
This will reflect positively on the Iraqi economy.”
https://www.alsumaria.tv/news/economy/493703/بغداد-وواشنطن-تبحثان-استقرار-سعر-صرف-الدينار-مقابل-الدولار
Economy 2024-07-12 | 15:35
3,535 views
On Friday, Deputy Prime Minister and Foreign Minister Fouad Hussein discussed with the Undersecretary of the US Treasury for Terrorism and Money Laundering the issue of stabilizing the dinar’s exchange rate against the dollar.
stated A statement from the Iraqi Ministry of Foreign Affairs reported to Al-Sumaria News,
“The Deputy Prime Minister and Minister of Foreign Affairs, Chairman of the Ministerial Council for the Economy, Fuad Hussein, met on Friday, July 12, 2024, with the Under Secretary of the US Treasury for Terrorism and Money Laundering, Brian Nelson, in the presence of the two accompanying delegations at the headquarters The ministry was in Washington, D.C., and discussed the issues that the two parties are working on in accordance with their previous reform agreements. Hussein stressed
"the Iraqi government's commitment to moving forward with its reform and economic measures related to the Iraqi banking system and the energy sector." He explained that
"the government's policy seeks to
achieve Iraqi energy independence through associated gas investment projects, and to
develop the working mechanism of Iraqi banks in line with international standards to ensure transparency and provide open data, so that banks can provide the services that the Iraqi people need,"
calling on the American side to reconsider the plan. Sanctions imposed on about 32 Iraqi banks, as they engaged in the structural reform process.” Hussein pointed out that
"the stability of the exchange rate of the Iraqi dinar against the US dollar represents a fundamental pillar for achieving economic, social and political stability in Iraq, which is what the government seeks to achieve,
calling on the relevant American institutions to review it and build on it." For his part,
Nelson praised the steps taken by the Iraqi government
to support the Iraqi economy and
address the challenges facing it.
He stressed that the relevant American institutions understand the seriousness of the Iraqi government in modernizing the work mechanisms in Iraqi institutions,
expressing the readiness of the American side to help Iraq in addressing the obstacles to its reforms.
This will reflect positively on the Iraqi economy.”
https://www.alsumaria.tv/news/economy/493703/بغداد-وواشنطن-تبحثان-استقرار-سعر-صرف-الدينار-مقابل-الدولار
