Iraqi PM Al-Sudani seeks stronger ties with Arab Monetary Fund
Shafaq News/ On Thursday, Iraqi Prime Minister Mohammed Shia Al-Sudani expressed Iraq’s aspiration for greater cooperation with the Arab Monetary Fund, emphasizing its critical role in financing the country's reconstruction and development, particularly in infrastructure.
According to a statement by the PM’s media office, Al-Sudani received Fahd bin Mohammed Al-Turki and congratulated him on his new role as Chairman of the Fund.
During the meeting, Al-Sudani affirmed the government’s support for the Fund’s activities, noting “Iraq’s role as a founding member and the second-largest contributor to the Fund after Saudi Arabia.”
Al-Sudani expressed Iraq’s desire to “expand the participation” of Iraqi professionals in the Fund’s activities and strengthen ties with Iraqi financial institutions.
He also stressed the Fund's pivotal role in fostering stronger Arab relations by coordinating financial, monetary, and trade policies to promote shared interests across the region.
For his part, Al-Turki expressed gratitude for the warm reception and reiterated the Fund's commitment to supporting Iraq and participating in its developmental programs. He emphasized the Fund's eagerness to “enhance constructive cooperation” in the financial and economic sectors.
Walkingstick
De-dollarization gave the CBI full control of their exchange rate of their currency and it put them in Article VIII compliance.
No restrictions. Therefore there is no outside interference right now concerning their monetary reform.
Nothing can stop/delay the new exchange rate that is coming. They are now in full control of their currency/exchange rate.
The Sudanese confirms Iraq’s aspiration for more cooperation with the Arab Monetary Fund
Mawazine News – Baghdad
The Prime Minister, Mr. Mohammed Shia Al-Sudani, received on Thursday, the President of the Arab Monetary Fund, Mr. Fahd bin Mohammed Al-Turki.
In a statement in which the media office received a copy of it, Mawazine News said that his Excellency congratulated Mr. Al-Turki at the beginning of the meeting on the occasion of his assumption of the presidency of the Fund, wishing him success in his duties.
His sovereignty affirmed the government’s support for the tasks of the Arab Monetary Fund, of which Iraq is one of the founders and its second largest shareholders, after Saudi Arabia.
Mr. Al-Sudani pointed out that Iraq aspires towards more cooperation with the Fund, and that the effects of its work are reflected in the Iraqi arena, through its contribution to financing the reconstruction and development campaign that the government has launched, especially in the field of infrastructure, as well as the desire for the Fund to work to expand the contribution of Iraqi cadres in its work, and build bridges with Iraqi financial institutions.
He also stressed the importance of the Fund contributing to strengthening Arab ties by regulating financial, monetary and trade relations, in a way that enhances their common interests.
For his part, the Chairman of the Board of the Arab Monetary Fund expressed his thanks and appreciation for the warm reception, stressing the Fund’s keenness to support Iraq and participate in its development programs, and in a way that contributes to enhancing constructive cooperation in the field of financial and financing sectors.
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