Al-Zubaidi receives a message from the Deputy U.S. Treasury

[ronscarpa]

Al-Zubaidi receives a message from the Deputy U.S. Treasury

06/06/2010 - Sotal Ieraq News

(Voice of Iraq) - the name of God the Merciful

Relations Service and Information

Ministry of Finance

Baghdad

Engineer Baqir al-Zubaidi received a letter from Mr. Neil and not as the Deputy U.S. Treasury Secretary, indicated that Iraq had made progress "towards the establishment of the basis of long-term economic stability, congratulating" the Iraqi government to sign agreements with the IMF and World Bank earlier this year.

And Mr. and will not be that the Iraqi government in a good position to implement policies that will approve of Iraq reap the benefits of highest production of oil and assist in the maintenance of the security gains made over the past two years and called on "to focus attention on measures to foster integration, global financial markets and increase transparency and improve the business environment and strengthening public financial management that will help improve confidence for the development of Iraq.

Noting "that President Obama extended the national emergency in Executive Order (13303) on 22.05.2003, as amended by Executive Order (13 364), which provides for the protection of Iraqi assets in the United States.

Praised "the role of His Excellency the Minister of Finance to work to find the Development Fund for Iraq, an appropriate mechanism for sequential development of this year marks the settlement of the government for the government to claims for victims of the United States against Iraq.

Noting "that Iraq has made progress," with the IMF and the World Bank through a program of economic reforms has been arranged by Iraqi standards related to the first review of the arrangements ready for the International Monetary Fund.

Including the review and the Finance Ministry for all the accounts of the central government in the banking system and press accounts of the federal budget audited and audited statements of the Central Bank of Iraq to prove Iraq's commitment to effective management during the period of government formation.

He praised the Vice Chancellor of the Exchequer in communion with the World Bank in the Iraqi financial sector reforms and public financial management which will help pave the way for study of the second loan for development policy, the amount of (250) million dollars Sicomh Bank of Iraq, stressing "its full support in the development of suitable measures to assist the sector private banking growth to ensure equal access to all acts of letters of credit-governmental organizations.

And Mr. and will not be that the request of the Ministry of Finance of Iraq from the U.S. Treasury Department to help increase the Link Investment Corporation Overseas Private and Export-Import Bank of America (Okzm Bank) in Iraq has been achieving results in this area where IFC has approved investments (100) million Financing for small and medium enterprises.

At the end of the message and pledge by Undersecretary of the Treasury U.S. Treasury's commitment to effective support for Iraq to continue to support the efforts of economic reform in Iraq in the areas of financial management and the financial market and the fight against money laundering and combatting the financing of terrorism to promote economic growth and prosperity for the Iraqi people.

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[quadraph0nic]

Thats good news. Thanks Ron!

[lgraham]

Great news here Ron! You have become the Ironman with all the stuff you bring here. Plus you seem to be doing it all night long. Do you ever sleep?

Thanks Ron,

Lgraham

[retirementafterrv]

Ron, another good post. thank you

[Doc31]

Thanks for the post

[Teresa82]

Thanks Ron this is really great news! I don't think we an fully understand through this translation what this means, but it is a very big step FOR the argument of lifting ch7, and revaluing their currency!

It sounds as if they are putting these articles out, so that it won't be this huge surprise when they DO come out with the rv, people will just say,"Oh that was What they were getting at!"

[nathan1606]

great post ron , great work , and thanks for all u do .......

[Jac]

Thank you, Ron, for all that you do to keep DV Readers abreast of up to date information

Blessings .

[deenar]

You rock Ron! I really appreciate all of the articles you dig up. Keep 'em comin'!

[YANNAVIA]

Great post! Thanks for the article Ron