Al-Sudani directs to simplify all banking procedures and prepare a list of facilities within a week
Al-Sudani directs to simplify all banking procedures and prepare a list of facilities within a week
2023-10-16 11:23
Shafaq News/ On Sunday, Iraqi Prime Minister Muhammad Shiaa Al-Sudani chaired a meeting to discuss banking reform procedures, and directed to simplify all banking procedures and prepare a proposed list of facilities to be presented within a week.
A statement issued by Al-Sudani’s media office, received by Shafaq News Agency, said, “Within the framework of his follow-up to the plan to implement financial and administrative reforms in the financial and banking sectors, Prime Minister Muhammad Shia’ Al-Sudani chaired, this Sunday evening, a meeting that included the Governor of the Central Bank and the directors of government banks.” In it, the procedures and work mechanisms taken to achieve banking reform were discussed, which constitutes one of the basic steps for financial and economic reform and which the government adopts in its executive approach.
Al-Sudani stressed, “Financial reform is not just a slogan, but rather a series of terms and procedures that the government is determined to implement without hesitation, and will face all the challenges and obstacles that hinder the implementation of systematic and thoughtful reform plans.”
According to the statement, the Prime Minister directed the simplification of all banking procedures, and the preparation of a proposed list of facilities and simplified procedures to be presented within a week, in addition to providing a summary of the obstacles obstructing the banking reform process, and proposing effective and implementable treatments for them, in a way that helps in overcoming the approved traditional contexts. , which prevents achieving the government’s goal of developing this important economic and service sector.
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