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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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    New Outcomes from the Talks of the Prime Minister and the US Deputy Secretary of the Treasury

    Rocky
    Rocky
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    New Outcomes from the Talks of the Prime Minister and the US Deputy Secretary of the Treasury Empty New Outcomes from the Talks of the Prime Minister and the US Deputy Secretary of the Treasury

    Post by Rocky Thu 26 Sep 2024, 4:00 am

    [size=35][size=35]New Outcomes from the Talks of the Prime Minister and the US Deputy Secretary of the Treasury[/size][/size]
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    2024-09-26 | 04:40
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    News - Politics


    revealed, today, Thursday, September 26, 2024, details[You must be registered and logged in to see this link.]Regarding the talks between[You must be registered and logged in to see this link.]Mohammed Shia Al-Sudani and Deputy Minister[You must be registered and logged in to see this link.]American Wally Adeyemo, on the sidelines of the UN General Assembly meetings two days ago.


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    A government source told Sumaria News, "The discussions that took place between...[You must be registered and logged in to see this link.]Mohammed Shia Al-Sudani and Deputy Minister[You must be registered and logged in to see this link.]The American Wali Adimo on the sidelines of the UN General Assembly meetings two days ago and the resulting statements and declarations clearly reflect the Iraqi government's ongoing efforts in the field of financial and banking reform as a vital and central goal within the program that the government has sought to implement during the past two years.



    He added that "the Iraqi government had previously contracted with the international company Ernst & Young to restructure some government banks, including Rafidain and Rashid Banks. Work on this task began several months ago, while the Central Bank contracted with the international company Oliver Wyman to develop the private banking sector, and the implementation of the contract will begin in the coming period." Regarding

    the rest of the points discussed in the meeting, such as strengthening financial relations with the United States and efforts to combat money laundering and terrorist financing, the source confirmed that "Iraq communicates regularly with countries and international financial organizations to implement compliance standards and systems to combat money laundering and terrorist financing, and it is continuing its efforts in this field through its cooperation and continuous coordination with both MENAFATF and FATF organizations concerned with combating money laundering and terrorist financing, in addition to Iraq's conclusion of agreements and memoranda of understanding with other countries to implement the latest standards in this field.

    He pointed out "the importance of some of the points referred to in the Ministry's statement[You must be registered and logged in to see this link.]The American who followed the meeting, including in particular:

    1- The commitment shown by the Ministry of[You must be registered and logged in to see this link.]American on supporting the Central Bank of Iraq as well as the reform plans it seeks[You must be registered and logged in to see this link.]In the financial and banking field.

    2- Focus statement[You must be registered and logged in to see this link.]The US is clearly targeting a 6.0 percent growth in Iraq's non-oil economy, in light of the efforts made by the Iraqi government to diversify the economy and not rely exclusively on the oil sector.

    The source said that "the statement[You must be registered and logged in to see this link.]The American clearly reflects the positive view adopted by international bodies, banks, investors, and economic experts, of the efforts made by the Iraqi government and the Prime Minister in the economic field in general and the financial and banking field in particular.

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