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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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    Al-Sudani makes comments on US sanctions: We will not abandon the private banking sector

    Rocky
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    Al-Sudani makes comments on US sanctions: We will not abandon the private banking sector Empty Al-Sudani makes comments on US sanctions: We will not abandon the private banking sector

    Post by Rocky Wed 21 Feb 2024, 4:59 am

    Al-Sudani makes comments on US sanctions: We will not abandon the private banking sector

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    Economy News - Baghdad
    The Prime Minister, Muhammad Shiaa Al-Sudani, confirmed that there were observations about the US Treasury sanctions on Iraqi banks, while indicating that the government would continue to support the private banking sector.
    Al-Sudani said, in a press conference, followed by “Al-Eqtisad News”, that “the government has made important strides in making Iraq’s trade clear despite the challenges that appear from time to time,” adding: “Today, all of our trade passes through the electronic platform and through the audit of the K. Tu), that is, there are documented financial transfers.”
    He added, "The decisions issued by the US Treasury regarding Iraqi banks, on which we have more than one observation, are decisions related to observations on the performance of banks in previous governments, not the current government."
    The Prime Minister stressed, "During the current period, financial transactions and transfers of Iraqi trade pass through a clear electronic platform in front of financial institutions, which is why this process has gained reliability."
    Al-Sudani explained, "The government continues to support the private banking sector, and it cannot be abandoned. We are working to address all observations in its performance, and improve it so that it can be a partner with us for the desired development process in the country."




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