The Prime Minister, Muhammad Shia' al-Sudani, confirmed today, Thursday, that Iraq is on the verge of a major reconstruction movement in all sectors.
And the media office of the Prime Minister stated, in a statement received by the Iraqi News Agency (INA), that "Prime Minister Muhammad Shia' al-Sudani received today, Thursday, a delegation from JP Morgan Bank, which included the bank's deputy director, Daniel Zeliko, and the director of the bank's group for the public sector." , in the Middle East Ghali Larakee".
The statement added, "During the meeting, support for the banking sector, the Central Bank of Iraq and the private sector was discussed, and international trade, risk management and expansion of non-oil revenues, which represent one of the most important priorities of the government, which it is working on as part of its plans for financial and administrative reform, were also discussed."
Al-Sudani referred to "the role of J.P. Morgan Bank in establishing the Trade Bank of Iraq (TBI), which is today the commercial banking window of Iraq to the world," stressing that "Iraq is on the verge of a large reconstruction movement in all sectors."
The Prime Minister affirmed, "His government's welcome to open branches of the bank in Iraq, and its full readiness to provide support to international banks in Iraq, because it represents the basis of the banking system that provides guarantees to investors, and JPMorgan comes at the forefront," calling for "continuation of support provided to the Central Bank of Iraq and the development of The Industrial Bank to be qualified for development and investment, as happened previously with the Iraqi Trade Bank.
Al-Sudani indicated, "The government is continuing to reform the banking system in Iraq, whether it is related to the public or private sector, correcting the movement of funds and supporting global trade, as well as supporting the private sector and stopping money laundering operations by complying with and improving international standards," pointing out, "that"[/size]
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