In the presence of finance and the central bank.. Al-Sudani directs to pursue speculators
Head faceCouncil of MinistersMohammed Shia Al-Sudani, on Monday, while chairing a meeting to review financial and banking reforms by continuing to simplify procedures and pursue speculators.
The information office said to the presidentCouncil of MinistersIn a statement received forSumeriaNews, he headed the presidentCouncil of MinistersMohammed Shia Al-Sudani, a meeting dedicated to reviewing the comprehensive reform plan for the financial and banking sector in Iraq, in the presence of the Minister of Finance, and the Governor of the Central BankIraqiA number of advisors and managers of government banks.
The president stressedCouncil of MinistersAccording to the statement, “the need to intensify inspection procedures in financial transfers, and not to be tolerated and tolerate in pursuing speculators who take advantage of the crises that the region is going through, in order to achieve profits and personal benefits at the expense of the public interest of the country, directing the Ministry of Finance, the Central Bank and bank managers, to simplify procedures in front of business owners, with regard to financial transfers.”
As the president’s faceCouncil of Ministers“By forming a working group, it works to prepare packages to deal with the economic and financial situation at the moment, and to rework the investment tools in the Central BankIraqiAnd link it to the size of each bank’s deposits.”
During the meeting, “financial reforms and monetary policies followed in light of the decisions taken by the Council of Ministers were discussed, as it directed its sovereignty to fully activate all decisions and review the obstacles that prevented the implementation of some of them.”
The meeting also witnessed “discussing the progress of the work of the plans prepared within the framework of developing the work of banks, the reform procedures carried out by bank departments with Ernst & Young, and the level of progress they have made in this regard, to ensure the provision of the best services to its customers.”
The meeting discussed “the facilities provided by banks in the field of attracting deposits, which enhances the role of the banking sector in financing projects and promoting economic development, and directed his sovereignty to reconsider the benefits that banks provide to depositors.”
This The meeting also discussed “the measures taken in the field of encouraging citizens to continue using electronic payment systems, which are witnessing a significant increase in the number of users. In this regard, Al-Sudani directed to study and launch the government incentive program for the use of electronic payment tools, including cash back.”
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