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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The US Treasury: We are ready to cooperate with Iraq in the files of financial liquidity and commerc

    Rocky
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    • Post n°1

    The US Treasury: We are ready to cooperate with Iraq in the files of financial liquidity and commerc Empty The US Treasury: We are ready to cooperate with Iraq in the files of financial liquidity and commerc

    Post by Rocky Tue 19 Sep 2023, 6:38 am

    The US Treasury: We are ready to cooperate with Iraq in the files of financial liquidity and commercial transfers
    • Time: 09/19/2023 07:17:22
       
    • Read: 1,170 times

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    The Prime Minister, Mr. Muhammad Shiaa Al-Sudani, met in New York, after midnight (Baghdad time), with the Under Secretary of the US Treasury, Mr. Brian Nelson, on the sidelines of his participation in the meetings of the United Nations General Assembly at its seventy-eighth session.
    The meeting witnessed a discussion of cooperation mechanisms between Iraq and the US Department of the Treasury, and a review of the government's priorities in implementing economic and administrative reforms that fall within the government program. 
    The Prime Minister confirmed that the government has taken several measures with the Central Bank of Iraq in implementing financial reform, which is considered a key to economic reform in achieving the government’s goal of moving from a unilateral economy towards a productive and multi-economic economy, where, for the first time, a financial database for banking transactions was created, In order to achieve the required confidence in dealings with international banks.
    He also pointed out the expansion of the government’s work in reducing money laundering operations at the procedural and judicial levels, by applying the required international standards, and enabling it to achieve real trade that supports the economy towards further development.
    Al-Sudani stated that the government supports the private sector through a package of decisions and procedures, in addition to providing it with all necessary facilities in the federal budget for the three years.
    For his part, Nelson appreciated the government reforms in the banking and financial sectors, and the government’s success in restoring the confidence of global financial institutions, such as Citibank and JP Morgan, stressing the US Treasury’s readiness to work closely with the Central Bank of Iraq and cooperate with Iraq in the files of financial liquidity and Iraqi commercial bank transfers outside the country. He renewed his country's support for the stability of the Iraqi economy.
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