Prime Minister Mohammed Shia al-Sudani directed today, Monday, to continue simplifying procedures, pursuing speculators, and reviewing financial and banking reforms.
The Prime Minister’s media office stated in a statement received by Al-Maalouma Agency, “Al-Sudani chaired 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, the Governor of the Central Bank of Iraq, and a number of advisors and directors of government banks.”
He stressed the “need to intensify inspection procedures in financial transfer operations, and not to be lenient or lenient in pursuing speculators who exploit the crises that the region is going through, in order to achieve personal profits and 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 for business owners, with regard to financial transfers.”
Al-Sudani directed “the formation of a working team to prepare packages to deal with the current economic and financial situation, and to restore investment tools in the Central Bank of Iraq and link them to the size of each bank’s deposits.”
According to the statement, “The meeting discussed the financial reforms and monetary policies followed in light of the decisions taken by the Council of Ministers, where His Excellency directed the full activation of all decisions and the review of the obstacles that prevented the implementation of some of them.”
During the meeting, the progress of work on the plans prepared within the framework of developing the work of banks was discussed, as well as the reform measures undertaken by the banks’ administrations with Ernst & Young, and the level of progress achieved in this regard, in a way that ensures providing the best services to their customers.
almaalomah.me
