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[size=38][ltr]A government meeting comes out with decisions regarding the payment of private sector debts to banks[/ltr][/size]
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[ltr]March 15, 2024[You must be registered and logged in to see this link.][/ltr]
[ltr]Baghdad/Obelisk Event: Prime Minister Mohammed Shia Al-Sudani chaired a meeting that included Finance Minister Taif Sami, the Governor of the Central Bank of Iraq, and a number of concerned advisors, in the presence of the Director General of the Trade Bank of Iraq.[/ltr]
[ltr]The Prime Minister's Media Office said in a statement received by Al-Masala that "Prime Minister Muhammad Shia Al-Sudani chaired a meeting that included the Minister of Finance, the Governor of the Central Bank of Iraq, and a number of concerned advisers, in the presence of the Director General of the Iraqi Trade Bank, and the meeting discussed a number of issues related to the government banking sector, related to government debts, and non-performing private sector loans, and took a number of decisions on them, which were the following:[/ltr]
[ltr]1- The Ministry of Finance to start paying government debts to the Trade Bank of Iraq.[/ltr]
[ltr]2- Preparing a plan to be presented to the Council of Ministers regarding the payment of non-performing loans owed by the private sector to government banks, including the Iraqi Trade Bank.[/ltr]
[ltr]3- Forming a joint committee to study the expired appropriations in order to return their amounts to the public treasury.[/ltr]
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