Finance Minister meets with US delegation ways to strengthen the financial system in Iraq

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Finance Minister meets with US delegation ways to strengthen the financial system in Iraq

 

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Last Update: Thursday, July 30, 2015 - 12:00

 

 

 

 

 

BAGHDAD / Sky Press: Search Finance Minister Hoshyar Zebari, on Wednesday, with a US delegation, including Assistant Secretary of the US Treasury for terrorist financing and financial crimes, and a representative of the US Federal Reserve ways to strengthen the financial system in Iraq, and the reduction of access Daash funding gangs and draining their resources.

According to a statement of the ministry he received "Sky Press," that "the Finance Minister Hoshyar Zebari evening received Wednesday Daniel Klazer Minister US Treasury Assistant Secretary for Terrorist Financing and Financial Crimes, and representative of the Federal Reserve Bank in the presence of Stuart Jones, US ambassador in Baghdad, and his accompanying delegation ".

"The meeting discussed ways to strengthen the financial system in Iraq, particularly in the field of combating money laundering, and reducing the capacity of gangs Daash terrorist in access to finance, and work to dry the financial resources as an integral part in the global campaign against terrorism, and the role of President of Iraq in this side. "

Iraq has been a financial crisis as a result of the fall in world oil prices, which have increased the fiscal deficit in the federal budget.

Iraq relies 85% on oil revenues, while the other 15% on revenue.

 

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