Economist: Ban on Iraqi banks may be lifted within six months
Economist: Ban on Iraqi banks may be lifted within six months
9-8-2024
Information/Special..
Economic expert Ahmed Abdul Rabbo revealed today, Sunday, that Oliver Wyman has conducted a comprehensive review of the conditions of Iraqi banks, and its report may be issued after six months.
Abdul Rabbo said in a special statement to Al-Maalouma Agency, “The decisions of this company regarding the sanctioned banks will be binding on the Central Bank of Iraq and the US Federal Reserve,” noting that “reforming the banking system facilitates the process of economic reforms.”
He added, “The company’s final report may lift the ban on Iraqi banks, while it was positive,” noting that “lifting the ban on Iraqi banks will help support the Iraqi economy.”
It is noteworthy that America imposes several sanctions on Iraqi banks in an attempt to pressure the Iraqi government to pass different policies.
almaalomah.me
