Thursday, April 18, 2024
Prime Minister: It Is Not Possible To Work In Any Development Sector Without Reform Steps For The Banking Sector, 18 APRIL
Prime Minister: It Is Not Possible To Work In Any Development Sector Without Reform Steps For The Banking Sector
Wednesday 17, April 2024 19:34 | Political Number of readings: 381 Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Wednesday, that
it is not possible to work in any development sector without reform steps for the banking sector.
A statement from his media office stated that Al-Sudani received at his residence in the American capital, Washington, this evening, Wednesday, (Baghdad time), the President of JP Morgan Bank, Masha Klovksi, and his accompanying delegation.
During the meeting, according to the statement, the government’s efforts to implement reforms were discussed. Finance and banking, in light of the path it is pursuing towards improving the economic situation and achieving development, in addition to discussing the
government’s measures to develop the government banking sector, through its contracts with major international consulting companies specialized in banking reform, and
encouraging private banks to open accounts with foreign banks to become banks Correspondent, according to a plan aimed at dispensing with the electronic platform at the end of this year.”
Al-Sudani stressed, according to the statement,
that it is not possible to work in any development sector without reform steps for the banking sector, and the
necessity of continuing the dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.
For his part, Klovsky praised the efforts of the Iraqi government in Activating, developing and qualifying government and private banks, and their procedures in the field of providing assistance to private Iraqi banks, stressing his support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership.” /End 2
"ABOUT THE SOVEREIGNITY OF IRAQ" BY FREEDOM FIGHTER, 18 APRIL
Freedom Fighter ©
🟢PM Sudani and his delegation met with the U.S. Treasury today. More details of the outcomes will be revealed in the coming days
Freedom Fighter ©
💥It’s important for the international coalition forces to leave Iraq so they can have their sovereignty. It’s essential to their independence and freedom.
❌Biden using a cheat sheet in meeting with Iraq PM
⚠️Still think Joe is in charge❓
✅The most important meetings are the ones we don’t see
❇️The Agreement between the U.S. and Iraq needs to be activated it’s called the ….💥STRATEGIC FRAMEWORK AGREEMENT 💥
https://nypost.com/2024/04/15/us-news/biden-cheat-sheet-for-iraq-pm-meeting-caught-on-camera-including-instructions-to-pause/amp/
Parliamentary Finance Calls For “Confining The Dinar In The Hands Of The State”, 18 APRIL
Parliamentary Finance Calls For “Confining The Dinar In The Hands Of The State”
Politics Parliamentary Finance Iraqi dinar 2024-04-17 05:36 Shafaq News/ The Parliamentary Finance Committee pointed out, on Wednesday, the problem of the lack of cash “Iraqi dinar,” calling for “confining the dinar to the state.”
Committee member Hussein Moanis told Shafaq News Agency,
“The House of Representatives voted on the tripartite budget law and required the government to send the schedules for approval,” indicating that
“the delay in sending the schedules to Parliament did not affect the operational budget.” He pointed out that "there is no specific date for approving the budget schedules in the Council of Ministers and sending them to the House of Representatives," indicating "a real problem with the lack of cash (the Iraqi dinar)."
He pointed out that "the Parliamentary Finance Committee is working to develop specific methods to process and provide cash and confine it to the state through
adopting the electronic card,
strengthening the work of banks, and
presenting documents to achieve cash abundance in the market." Mu'nis concluded by saying,
"There is no trust between the banking system and the citizen, and the lack of trust has caused the cash currency (the Iraqi dinar) to be stored in the homes of citizens, which has caused it to be lost and not naturally available in the market."
A member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, said on March 27, 2024, that the Iraqi government raised the total amount of the budget law from 199 trillion dinars to 228 trillion dinars in the 2024 budget.
While a member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, said in an interview with Shafaq News Agency on February 27, 2024, that Finance Minister Taif Sami informed the members of the committee during her hosting, yesterday, Monday, of the imminent sending of the budget law schedules to the House of Representatives. https://shafaq.com/ar/سیاسة/المالية-النيابية-تدعو-لـ-Øصر-الدينار-بيد-الدولة
"RV UPDATE" BY FREEDOM FIGHTER, 18 APRIL
FREEDOM FIGHTER
Freedom Fighter ©
🇮🇶 Iraq PM and delegation meets with JP Morgan Chase in Washington DC to discuss continuous economic reforms in Iraq
🟢JP Morgan Chase has been in Iraq for over 10 years building relationships and helping them to modernize their banking systems
❇️The know something
https://shafaq.com/en/Economy/Iraqi-PM-discusses-banking-reforms-with-J-P-Morgan-s-global-head-in-Washington-meeting
-
Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
-
Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...