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[size=36]Al-Sudani directs the preparation of a list of banking facilities to be submitted within a week[/size]
Political | 09:22 - 10/15/2023
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Baghdad - Mawazine News
Prime Minister Muhammad Shiaa Al-Sudani stressed today, Sunday, that financial reform is not just a slogan, while he directed the simplification of all banking procedures.
The Prime Minister’s Media Office said in a statement received by Mawazine News, “Within the framework of Prime Minister Muhammad Shiaa Al-Sudani’s follow-up to the plan to implement financial and administrative reforms in the financial and banking sectors, he chaired, this evening, Sunday, a meeting that included the Governor of the Central Bank and directors of government banks, in which procedures were discussed.” And the work mechanisms taken to achieve banking reform, which constitutes one of the basic steps for financial and economic reform that the government adopts in its executive approach.”
The Prime Minister stressed that "financial reform is not just a slogan, but rather a series of terms and procedures that the government is determined to implement without hesitation, and will face all the challenges and obstacles that hinder the implementation of systematic and thoughtful reform plans."
He directed "to simplify all banking procedures, and to prepare a proposed list of facilities and simplified procedures to be presented within a week, in addition to providing a summary of the obstacles obstructing the banking reform process, and proposing effective and implementable treatments for them, in a way that helps in overcoming the approved traditional contexts, which prevent the achievement of the goal." The government is keen to develop this important economic and service sector.”
The Prime Minister’s Media Office said in a statement received by Mawazine News, “Within the framework of Prime Minister Muhammad Shiaa Al-Sudani’s follow-up to the plan to implement financial and administrative reforms in the financial and banking sectors, he chaired, this evening, Sunday, a meeting that included the Governor of the Central Bank and directors of government banks, in which procedures were discussed.” And the work mechanisms taken to achieve banking reform, which constitutes one of the basic steps for financial and economic reform that the government adopts in its executive approach.”
The Prime Minister stressed that "financial reform is not just a slogan, but rather a series of terms and procedures that the government is determined to implement without hesitation, and will face all the challenges and obstacles that hinder the implementation of systematic and thoughtful reform plans."
He directed "to simplify all banking procedures, and to prepare a proposed list of facilities and simplified procedures to be presented within a week, in addition to providing a summary of the obstacles obstructing the banking reform process, and proposing effective and implementable treatments for them, in a way that helps in overcoming the approved traditional contexts, which prevent the achievement of the goal." The government is keen to develop this important economic and service sector.”
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