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News of a journalist Headed by the Minister of Finance.. Private Banking Association organizes a meeting of the banking sector Iraqi Private Banking Association, in the presence of Deputy Prime Minister for Economic Affairs, Minister of Finance Dr. Ali Abdel Amir Alawi, held a meeting of all banks operating in Iraq to discuss mechanisms for banking sector development according to the White Paper. The Minister of Finance, Ali Abdel-Amir Alawi, said during the meeting, I thank the Iraqi Private Banking Association for this invitation, because the banking sector is considered the most important economic sector, and the state is working to support it to move the economy, confirming that the current economic reform movement is Most serious and will continue to the next governments. The Ministry of Finance is working to strengthen the infrastructure to improve all economic sectors, especially the banking sector, to support investment projects in Iraq, and the Ministry of Finance sees no alternative but to strengthen the banking sector and move it forward by removing obstacles from Iraq In front of him. He noted that the Ministry of Finance seeks to offer $ 3-5 billion bonds to citizens in both dinar and dollar currencies, and we expect private and government banks to buy them. He pointed out that the exchange rate against the dollar will be fixed when issuing the bonds, to avoid any losses in the purchase of bonds by banks and citizens. He emphasized that the Ministry of Finance through the White Paper will reform fiscal policy and control the economy, and change it to keep pace with the global economy, explaining that the previous political decisions have influenced the economy. On the other hand, the President of the Iraqi Private Banking Association, Wadi Al-Hanazal, thanked the Minister of Finance for answering the call, assuring that the White Paper accurately diagnosed economic problems, and the solutions are available to all officials. We will note that Iraq is now at a crossroads, and if it does not implement the quick reforms needed to lift the country out of its crisis, this crisis will be worsened in the coming year and the following years, calling for the adoption of reform policies and contributions to their implementation both Public or private sector level The Association of Private Banking praises the banking sector reforms contained in the White Paper, praising the actions of the Central Bank of Iraq that continue to support the private banking sector.

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