The Advisor of the Association of Nati-Banks, Abdulrahman Al-Sheikhli, revealed the intentions of granting some privileges such as gifts or competitions and a reduction in payment fees {currencies} to motivate the acquisition of the electronic card.
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Al-Sheikhli told {Al-Furat News} that: “The government program stressed the need for economic and financial reform in the country and the measures taken in this regard continue,” stressing the need to expand banking awareness campaigns and notify the citizen of the importance of working with banks and turning money from banking channels to ensure that they do not go abroad.” He added, “The country is witnessing a revolution in the field of banking technologies and electronic payment, and all citizens are supposed to have a bank account that is handled through a mobile phone or any other means.” Al-Sheikhli explained, “Some citizens still prefer to deal with direct cash; but there are intentions to grant some privileges such as gifts or competitions and a reduction in payment fees (currencies} to motivate the acquisition of the electronic card.”
Article: "Trump wants to meet Sudani soon" Quote: "US President-elect Donald Trump expressed his desire to meet with Prime Minister Mohammed Shia al-Sudani 'soon,' according to a statement from the Prime Minister's media office on Friday (November 8, 2024)
...Al-Sudani made a phone call...Friday, with the US President-elect Donald Trump,
in which he expressed his congratulations to the President and the American people on the occasion of winning the elections, and the great confidence that the American people have given him."
Baghdad-INA Advisor to the Prime Minister, Mazhar Mohammed Salih, announced on Sunday, the mechanisms of the US Treasury’s support for Iraq since 2003, while pointing to the continuation of consultations with the US Treasury regarding combating money laundering. “Cooperation and coordination between Iraq and the US Treasury extends to the first years since the change of the former regime,” Saleh told the Iraqi News Agency (INA),”the Treasury played an important supporting role in supporting the Paris Club Agreement in 2004 concerned with writing off Iraq’s debts called debts before 1990, which helped the presence of Treasury representatives in the Paris Club Agreement Secretariat to ensure the writing off of 80% or more of the former regime’s debts.” “The US Treasury succeeded in supporting infrastructure financing in Iraq through the conference held in the Spanish capital Madrid on October 23-24, 2003 its primary goal was to mobilize financial support for the reconstruction of Iraq after the US-led invasion in 2003 seventy countries and international organizations participated in the conference,” he added, explaining that “the conference was able to collect pledges amounting to about $33 billion, but a large part of these amounts was in the form of loans or technical support, and not all of it was direct financial aid.”
He explained that “the US Treasury contributed to establishing the Iraqi payments system in 2006 through a direct technical agreement with the Central Bank of Iraq to establish a wholesale payments system between the Central Bank on the one hand and the banks and the government in transferring funds and settling them electronically on the other hand, in addition to entering the era of settling bank checks electronically as well, which are matters in financial technology that are being introduced for the first time in our country,” noting that “from the history of the important assistance provided by the Treasury, it has played an important role in replacing the local, fast-forgery edition of the dinar that was issued during the nineties siege in the largest campaign witnessed by Iraq between late 2003 and early 2004 with the international edition of the dinar, according to the highest international technical specifications.” He stressed that “since the signing of the Strategic Framework Agreement in 2008 until today, there have been continuous consultations between representatives of the financial and monetary authorities in our country and the treasury to cooperate in combating money laundering and the proceeds of crime and terrorism in a manner that achieves governance and compliance for our financial and banking system as well as its optimal integration into the global financial and economic climate.”
Prime Minister Mohammed Shia al-Sudani held a regular meeting of the Supreme Committee for the Restructuring of State-Owned Public Companies today, Sunday. A statement from his office received by Mawazine News stated that “Prime Minister Mohammed Shia al-Sudani chaired today, Sunday, the regular meeting of the Supreme Committee for the Restructuring of State-Owned Public Companies, in the presence of the Ministers of Oil, Electricity, Transport, Trade, Construction, Housing and Public Municipalities, Agriculture, Water Resources, and Communications.” The statement continued, “The meeting discussed the procedures and steps taken by the concerned authorities in light of previous decisions, as well as discussing the file of public companies offered for liquidation and their liquidation mechanisms, and the decisions supporting this process, and deliberating on the re-merger of a number of companies of the Ministry of Trade, in addition to discussing the reclassification of a number of companies of the Ministry of Water Resources. ” He added, “During the meeting, the progress made in restructuring the companies (Hammurabi, Ashur, Al-Faw, and Al-Farouq) affiliated to the Ministry of Construction, Housing, Municipalities and Public Works were reviewed.”
The statement added, “The meeting witnessed the approval of the minutes and recommendations of the second meeting of the subcommittee concerned with (supervising the process of classifying companies according to the categories stipulated in Decision No. 1 of 2024 of the State-Owned Public Companies Restructuring Committee.”
