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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 directs the preparation of a draft resolution obligating ministries to provide facilities

    Rocky
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    • Post n°1

    Al-Sudani directs the preparation of a draft resolution obligating ministries to provide facilities Empty Al-Sudani directs the preparation of a draft resolution obligating ministries to provide facilities

    Post by Rocky Thu 19 Sep 2024, 7:20 am

    Al-Sudani directs the preparation of a draft resolution obligating ministries to provide facilities to support the banking sector

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    Economy News - Baghdad
    Prime Minister Mohammed Shia al-Sudani directed, on Thursday, the preparation of a draft resolution obligating ministries to provide facilities to support the banking sector.
    The Prime Minister's media office stated in a statement, which was reviewed by "Al-Eqtisad News", that "Prime Minister Mohammed Shia Al-Sudani received the head of the Private Banks Association, in the presence of a number of directors of private banks."
    The Prime Minister was briefed on "the problems facing the banking sector in Iraq," noting "the measures taken by the government to support the private sector in general, and the banking sector in particular, within the priority of economic reform in which the government has made advanced progress."
    He explained that "there is no alternative but to have capable Iraqi banks that adopt all financial standards to participate in development and building the country," stressing "the importance of the Banking Association dealing with government trends and investing in opportunities."
    He pointed out that "the Arab and foreign banks whose representatives visited Iraq are ready to cooperate with the government in implementing its vision and development plans," noting that "a higher committee has been formed to develop treatments for the work of banks, to be in line with the requirements of work in the international financial arena, stressing that the Central Bank has contracted with Oliver Wyman Company with the aim of developing the banking and financial sector."
    He directed the "Association of Banks to build balanced relations with financial institutions, Arab banks and investors to support banking work. He also directed the preparation of a draft resolution to be presented to the Council of Ministers, which includes obligating ministries to provide facilities that support the banking sector in Iraq."
     


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