by Othman Abu Khadra
5 Hours ago
The Department of Investments and Foreign Remittances of the Central Bank of Iraq announced the completion of the opening of four accounts with the American Federal Bank for the purpose of starting implementing the framework agreement with the Chinese Government’s Export and Credit Guarantee Agency.
The Central Bank of Iraq confirmed in a letter addressed to the Prime Minister’s Office, to inform it of depositing the amounts of oil shipments issued under the above agreement by the Sumo Oil Marketing Company in the accounts of the Central Bank of Iraq, which amounted to four hundred and eighteen million and ten thousand eight hundred and sixty-seven American countries and twenty-four cents for the month of October The first and the second of October.
The Central Bank of Iraq called on the Prime Minister’s Office to inform him of the start of implementing the agreement for the purpose of completing the contract with an investment company to monitor the accounts.