Zebari: any delay the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions

Zebari: any delay the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions

8.10.2015 four twenty-two p.m.

Zebari - any delay the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions[Baghdad-where]
Finance Minister Hoshyar Zebari warned Monday that any delay in the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions.
According to a ministry statement received by the agency all of Iraq [where] a copy of it that Zebari “chaired with the Governor of the Central Bank, the meeting was attended by the President of the Board of Supreme Audit and Director of the Rafidain and Rasheed Bank and a number of the Ministry of Finance experts and Central Bank to consider the restructuring of the two banks mentioned through the banking system overall application and the possibility of increasing the capital of the two banks in order to enable the exercise of the overall banking operation, including commercial banking. ”
said Zebari, during the meeting on “the importance of the financial and banking system reform so that it is consistent with the International Standards especially after the Iraq get a credit rating and became part of the movement of global capital markets, and any delay in the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions “.anthy

alliraqnews.com