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Al-Sudani meets with the Minister of Finance and the Governor of the Central Bank and takes 3 decisions


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Al-Sudani meets with the Minister of Finance and the Governor of the Central Bank and takes 3 decisions

السوداني يجتمع بوزيرة المالية ومحافظ البنك المركزي ويتخذ 3 قرارات
2024-03-14 13:20
 

Prime Minister Mohamed Shia Al-Sudani took three decisions on Thursday evening related to government debts and non-performing private sector loans.

This came during a meeting held by Al-Sudani with Finance Minister Taif Sami, Central Bank of Iraq Governor Ali Al-Alaq, and a number of concerned advisors, in the presence of the Director General of the Iraqi Trade Bank, according to a statement received by Shafaq News.

According to the statement, the meeting discussed a number of issues related to the government banking sector, related to government debts and non-performing private sector loans.

Al-Sudani directed the Ministry of Finance to start paying government debts to the Iraqi Trade Bank, and to prepare a plan to be presented to the Council of Ministers on the payment of non-performing loans owed by the private sector to government banks, including the Iraqi Trade Bank, in addition to forming a joint committee to study the expired credits in order to return their amounts to the public treasury.

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14-Mar-2024
Minister of Finance Governor of the Central Bank

PREVIOUS MEETING (FACEBOOK)

 

On Thursday, March 14, 2024, Prime Minister Mohammed al-Sudani held a meeting with Finance Minister Taif Sami, Governor of the Central Bank of Iraq Ali Al-Alaq, a number of concerned advisors, and the Director General of the Trade Bank of Iraq, while deciding to repay government debts in favor of the TBI.

Sudani, Taif Sami and Al-Alaq decide to repay debts to TBI

The meeting discussed above a statement by the Sudanese office seen by "Ultra Iraq", "issues related to the government banking sector, related to government debts, and non-performing private sector loans."

The meeting adopted the following decisions:

  1. The Ministry of Finance begins to pay the government debts to the Iraqi Trade Bank (TBI).
  2. Prepare a plan to be presented to the Council of Ministers regarding the repayment of non-performing loans owed by the private sector to government banks, including the Iraqi Trade Bank.
  3. Forming a joint committee to study the expired appropriations in order to return their amounts to the public treasury.

At the end of this year, government sources quoted the government agency as saying that "shipments of millions of dollars had arrived through the Iraqi Trade Bank (TBI), as part of the bank's plan to supply dollars," in order to "meet customer demands."

In the summer of last year, al-Sudani retired the director of the Iraqi Trade Bank, Salem Jawad Chalabi, and assigned Bilal al-Hamdani to run the bank.

TBI was established in 2003 as an independent government bank to facilitate the import and export of goods and services to and from Iraq with a capital of more than one million US dollars, and then reached more than 400 banks in more than 100 cities.

 

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Headed by the Sudanese. Government meeting takes 3 financial decisions

Headed by the Sudanese. Government meeting takes 3 financial decisions
  
{Economic: Euphrates News} Prime Minister Mohammed Shia Al-Sudani chaired, on Thursday, a meeting that included the Minister of Finance, the Governor of the Central Bank of Iraq, and a number of concerned advisers, in the presence of the Director General of the Iraqi Trade Bank.
 

The meeting, according to a statement by the Prime Minister's Office, a copy of which was received by {Euphrates News}, discussed "a number of issues related to the government banking sector, related to government debts, and non-performing private sector loans, and took a number of decisions on them, the following:

1- The Ministry of Finance to start paying government debts to the Iraqi Trade Bank.

2- Preparing a plan to be presented to the Council of Ministers regarding the repayment of non-performing loans owed by the private sector to government banks, including the Iraqi Trade Bank.

3- Forming a joint committee to study the expired appropriations in order to return their amounts to the public treasury.

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You FOOL!!!! YOU FORGOT ALL ABOUT THE NESPRESSO MACHINE. 

Do we have to think of everything!!! What are ya good for, I mean really!!!

 

I need to calm down, huh. He'll figure it out tomorrow morning at coffee.

 

I know some of U are concerned, don't be. The anti-psychotic meds eventually kick in :jester:

Edited by horsesoldier
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1 hour ago, 6ly410 said:

government sources quoted the government agency as saying that "shipments of millions of dollars had arrived through the Iraqi Trade Bank (TBI)

 

Does maliki own the Trade Bank of Iraq or Iran 🤪 ... sorry i just know their history and depth of corruption that they all love and usually right out in the open and no one is accountable for anything it seems ... GOI room 101 new classes starting .

J/K , all the best dv'ers 

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