Adviser to the Prime Minister: The government plans to adopt international standards for banking reform


money and business

   


Economy News-Baghdad

Prime Minister Muhammad Shia Al-Sudani is preparing to launch a project described as reformist for the Iraqi economy. 

The Prime Minister’s Adviser for Economic Affairs, Abdul-Hussein Al-Anbaki, said in a statement reported by the official newspaper, “Al-Sudani is carrying out a major reform project for the Iraqi economy as a first step for the executive authority.”

Al-Anbaki added, “This project works to consolidate the large competitive market, protect vulnerable segments, greatly support the local product, and conduct banking reform that enables the agency to have correspondent banks abroad, and adopt international standards in the field of banking reform and reduce corruption.”

He pointed out that “the project also includes empowering the private sector and improving the business environment,” expressing his hope “that economic activity outside the state will move forward.”

https://economy-news.net/content.php?id=30711

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