SUDANESE MEETS WITH THE MINISTER OF FINANCE AND THE GOVERNOR OF THE CENTRAL BANK AND TAKES 3 DECISIONS
March 14 22:30
Information / Baghdad
On Thursday, Prime Minister Muhammad Shiaa Al-Sudani met with the Minister of Finance and the Governor of the Central Bank and subsequently took 3 decisions related to loans and debts.
The Prime Minister’s Media Office stated in a statement received by Al-Maalouma, that “Prime Minister Muhammad Shia Al-Sudani chaired a meeting that included the Minister of Finance, the Governor of the Central Bank of Iraq, and a number of relevant advisors, in the presence of the Director General of the Trade Bank of Iraq.”
He added, “The meeting discussed a number of issues related to the government banking sector, related to government debts and non-performing private sector loans, and took a number of decisions regarding them, which were the following:
1-The Ministry of Finance begins paying government debts to the Trade Bank of Iraq.
2- Preparing a plan to be presented to the Council of Ministers regarding the repayment of troubled loans owed by the private sector to government banks, including the Trade Bank of Iraq.
3- Forming a joint committee to study expired credits; In order to return its funds to the public treasury.
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