Iraqi News Highlights Friday Evening 2-3-23
Tlm724 Administrator Bondlady’s Corner
The Prime Minister Stresses The Need To Evaluate The Work Of Banks
The Prime Minister, Mohamed Shia Al-Sudani, confirmed that the current stage is a gateway to economic reform. The media office of the Prime Minister stated in a statement, “The Prime Minister, Muhammad Shia’a Al-Sudani, chaired the second meeting of the Federation of Chambers of Commerce and the Association of Iraqi Banks, as well as the bodies of taxes, customs, border crossings and the central bank, and the meeting witnessed a discussion of the economic situation at the national level in light of Exchange rate fluctuations and their effects on the Iraqi market were also followed up on the implementation of Cabinet decisions related to taxes, customs, border crossings, and the work of banks, and a review of government procedures regarding countering fluctuations in exchange rates, as well as follow-up on the recommendations that were taken at the last meeting.
During the meeting, the Prime Minister stressed “the necessity of developing an assessment of the work of banks, and supporting real banks that have implemented the requirements of the Central Bank, and applied financial standards corresponding to the financial policies of the state,” noting that “some banks and exchange offices do not achieve the desired contribution to the consolidation of a regular and real national financial policy.” “.
Al-Sudani directed, “to simplify the procedures for merchants’ dealings in the concerned state departments, stressing that this stage, despite its embarrassment, is a gateway to economic reform,” stressing “the need to spread the banking culture, which was supposed to work for years, so that merchants and businessmen We are ready to deal with the new context of the central bank and the international standards of the banking system.
The statement added, “The meeting witnessed confirmation of the effectiveness of the new transfer system for commercial transactions, and its positive impact in reducing transactions with forged invoices that facilitated currency smuggling over the previous years.”
https://www.radionawa.com/all-detail.aspx?jimare=33282
The Prime Minister Stresses The Need To Evaluate The Work Of Banks
The Prime Minister, Mohamed Shia Al-Sudani, confirmed that the current stage is a gateway to economic reform.
The media office of the Prime Minister stated in a statement, “The Prime Minister, Muhammad Shia’a Al-Sudani, chaired the second meeting of the Federation of Chambers of Commerce and the Association of Iraqi Banks, as well as the bodies of taxes, customs, border crossings and the central bank, and the meeting witnessed a discussion of the economic situation at the national level in light of Exchange rate fluctuations and their effects on the Iraqi market were also followed up on the implementation of Cabinet decisions related to taxes, customs, border crossings, and the work of banks, and a review of government procedures regarding countering fluctuations in exchange rates, as well as follow-up on the recommendations that were taken at the last meeting.
During the meeting, the Prime Minister stressed “the necessity of developing an assessment of the work of banks, and supporting real banks that have implemented the requirements of the Central Bank, and applied financial standards corresponding to the financial policies of the state,” noting that “some banks and exchange offices do not achieve the desired contribution to the consolidation of a regular and real national financial policy.” “.
Al-Sudani directed, “to simplify the procedures for merchants’ dealings in the concerned state departments, stressing that this stage, despite its embarrassment, is a gateway to economic reform,” stressing “the need to spread the banking culture, which was supposed to work for years, so that merchants and businessmen We are ready to deal with the new context of the central bank and the international standards of the banking system.
The statement added, “The meeting witnessed confirmation of the effectiveness of the new transfer system for commercial transactions, and its positive impact in reducing transactions with forged invoices that facilitated currency smuggling over the previous years.”
https://www.radionawa.com/all-detail.aspx?jimare=33282
Biden In A Phone Call With Al-Sudani: We Affirm Our Unwavering Support For A Stable, Secure And Sovereign Iraq
Yesterday evening, Prime Minister Muhammad Shia Al-Sudani received a phone call from the President of the United States of America, Joseph Biden, during which they discussed bilateral relations between the two countries and the development of joint cooperation in many fields.
A statement by the Prime Minister’s Media Office stated that “the US President affirmed during the call his unwavering support for a stable, secure and sovereign Iraq, and the expanded cooperation of the two countries under the strategic framework agreement between the United States and Iraq,” expressing his “desire to support the Sudanese Prime Minister’s vision for a more prosperous future for the Iraqi people.”
The statement added, “The Prime Minister thanked President Biden for his commitment to strengthening and developing the relationship with Iraq in all fields,” reiterating “the two countries’ joint commitment to the permanent defeat of ISIS.”
The statement continued, “The US President welcomed the visit of Deputy Prime Minister and Foreign Minister Dr. Fuad Hussein to Washington next week, whose talks will focus on economic opportunities and cooperation in the field of energy and climate.”
He pointed out that “the prime minister and the American president agreed that the stability of the region depends on the stability of Iraq, and that Iraq should not be used as a springboard to attack its neighbors or points of presence of the advisors of the international coalition against terrorism who are present in the country at the invitation of the government, and it was agreed to stay in constant contact in the months.” coming to strengthen the close bilateral relations.
The statement indicated that “Jordanian King Abdullah II bin Al-Hussein joined the Prime Minister and the US President in the call, and the three leaders agreed to work together for an Iraq and a region that enjoys peace, including concrete projects to link and integrate the region to enhance prosperity for all and sustain strong fraternal relations.” . https://www.radionawa.com/all-detail.aspx?jimare=33286
Oil Prices Make Modest Gains
Energy Economy News – Baghdad Oil prices made modest gains in early trading on Friday, but were set to incur losses for the second week in a row, as the market looked for more indications of a strong recovery in fuel demand in China to offset the impact of looming recession in other major economies.
And by 0110 GMT, Brent crude futures rose 16 cents, or 0.2 percent, to $ 82.33 a barrel.
West Texas Intermediate crude futures rose 18 cents, or 0.2 percent, to $76.06 a barrel.
https://economy-news.net/content.php?id=32255
Al-Sudani’s office reveals the details of the discussions with Biden
Political | 12:50 – 03/02/2023 Baghdad – Mawazine News , the office of Prime Minister Muhammad Shia al-Sudani revealed, on Friday, the details of the latter’s discussions with US President Joe Biden.
Al-Sudani’s office stated in a statement, which Mawazine News received a copy of, that “Al-Sudani received, yesterday evening, a phone call from the President of the United States of America, Mr. Joseph Biden. During the call, they discussed bilateral relations between the two countries, and the development of joint cooperation in many fields.”
During the call, the US President affirmed his firm support for a stable, secure and sovereign Iraq, and the expanded cooperation of the two countries under the strategic framework agreement between the United States and Iraq. He also expressed his desire to support the Sudanese Prime Minister’s vision for a more prosperous future for the Iraqi people.
The Prime Minister thanked President Biden for his commitment to strengthening and developing the relationship with Iraq in all fields, and renewed the two countries’ joint commitment to the permanent defeat of ISIS.
For his part, the US President welcomed the visit of Deputy Prime Minister and Foreign Minister Fuad Hussein to Washington next week, whose talks will focus on economic opportunities and cooperation in the field of energy and climate.
The Prime Minister and the US President agreed that the stability of the region depends on the stability of Iraq, and that Iraq should not be used as a springboard to attack its neighbors or points of presence of the advisors of the international coalition against terrorism, who are in the country at the invitation of the government, and it was agreed to stay in constant contact in the coming months to strengthen relations binary document.
The Prime Minister and the US President were joined in the call, King Abdullah II bin Al Hussein of Jordan, and the three leaders agreed to work together for a peaceful Iraq and region, including concrete projects to link and integrate the region to promote prosperity for all and sustain strong fraternal relations. Ended 29 / https://www.mawazin.net/Details.aspx?jimare=218303
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