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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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    Sudanese and the Treasury emphasize cooperation to rehabilitate banks subject to US procedures

    Rocky
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    Sudanese and the Treasury emphasize cooperation to rehabilitate banks subject to US procedures Empty Sudanese and the Treasury emphasize cooperation to rehabilitate banks subject to US procedures

    Post by Rocky Tue 16 Apr 2024, 5:27 am

    Sudanese and the Treasury emphasize cooperation to rehabilitate banks subject to US procedures

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    Economy News - Baghdad
    Prime Minister Mohamed Shiaa Al-Sudani and US Treasury Undersecretary Wali Adeyemo affirmed, on Tuesday, cooperation to rehabilitate banks subject to US procedures.
    The Prime Minister's media office stated in a statement received by Al-Iqtisad News, that "Prime Minister Muhammad Shiaa Al-Sudani received at his residence in Washington at dawn today (Baghdad time) the Under Secretary of the US Treasury, Wali Adeyemo, and the delegation accompanying him, in the presence of the Governor of the Central Bank of Iraq." ", indicating that "during the meeting, they discussed areas of cooperation between Iraq and the United States of America, in the financial, banking, and economic fields in general, and the steps that the government has begun to reform the financial and banking sector.”
    He added, "The meeting witnessed confirmation of continued cooperation with the financial and banking reform file, and the possibility of cooperation in rehabilitating banks that have been subjected to special procedures by the US Treasury, with the aim of reaching compliance with approved international standards, in coordination with the Central Bank of Iraq."
    The Undersecretary of the US Treasury praised, according to the statement, “the government measures taken to achieve economic reforms and its efforts in optimal energy investment, as well as the procedures of the Central Bank of Iraq to activate the work of Iraqi banks and make financial transfers through correspondent banks, which amounted to 80% of the total transfers.” Finance, leading to the completion of work through the platform and the Federal Bank at the end of this year.”


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