KTFA
FRANK26: "THE KEY TO THE MONETARY REFORM IS SECURITY & STABILITY FROM THE CBI AUCTIONS & IRAN!!!"...........F26
Iraq presents to US Treasury date for abandoning currency auction
9/24/2024
Economy
The Prime Minister informed Shia Al-Sudani, US Treasury Department, keeps only 5% of remittances It is not done through the electronic platform, and it will be completed by the end of this year, then the transition to correspondent banks.
Al-Sudani stressed that "the government has made great strides in the financial and banking reform file, and 95% of bank transfers have been completed through the electronic platform, and less than 5% remains to be completed by the end of this year, after which the transition to the correspondent banking system will take place, in accordance with the government's approach and its commitment to raising the capabilities of Iraqi banks, in line with the standards." It meets the needs of the thriving investment environment in For his part, Adeyemo praised the “progress being witnessed by and the state of economic growth that reached a total of about 6%, which enhances the government's efforts in development, expressing readiness to cooperate and work within a bilateral partnership that serves the interests of economic development," according to the statement. In the field of economic and banking reforms that were achieved in record time,
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