Prime Minister Muhammad Shiaa Al-Sudani took, on Thursday evening, three decisions related to government debts and non-performing private sector loans.
This came during a meeting held by Al-Sudani, with the Minister of Finance, Taif Sami, the Governor of the Central Bank of Iraq, Ali Al-Alaq, and a number of relevant advisors, and in the presence of the Director General of the Trade Bank of Iraq, according to a statement received by Shafaq News Agency.
According to the statement, the meeting discussed a number of issues related to the government banking sector, related to government debts and non-performing private sector loans.
Al-Sudani directed the Ministry of Finance to begin repaying government debts to the Trade Bank of Iraq, and to prepare a plan to be presented to the Council of Ministers regarding the repayment of non-performing loans owed by the private sector to government banks, including the Trade Bank of Iraq, in addition to forming a joint committee to study expired credits. In order to return its funds to the public treasury.
