Allawi: The Prime Minister’s dialogues with the US Treasury will address the government’s steps in financial reform

HowieC · April 17

Allawi: The Prime Minister’s dialogues with the US Treasury will address the government’s steps in financial reform

Economy

Baghdad -

INA Advisor to the Prime Minister, Hussein Allawi, confirmed that Prime Minister Muhammad Shiaa Al-Sudani will discuss, during his current visit to Washington, financial reforms and investment opportunities, including the path to development as a global strategic project.

Allawi told Iraqi News, followed by the Iraqi News Agency (INA): “The Prime Minister put on the special agenda of his visit to Washington the meeting with American companies to explain the position of the Iraqi government, the path of economic and financial reform, and improving indicators of the investment and economic environment that the Prime Minister worked on for more than a year.” And a half."

He added, "The visit will also address the government's efforts to improve the economic environment and present areas of investment in the field of clean energy, as well as the promising project of the Iraqi state in the field of petrochemicals through the Iraqi Development Fund, which will present many projects and targets partners and investors to participate in them."

He continued, "The Prime Minister is establishing a new path, which is the path of peace and building development, as well as presenting the path of development and presenting its paths and the economic model to the American government as well as American companies and the discussion about this major strategic project, which is not only linked to Iraq or the region, but rather to the world."

He pointed out that "the Prime Minister also worked on a strategic file related to financial reform and allocated an economic, financial and banking team that worked with him day and night during the past months and succeeded in developing a road map for government banks. He also succeeded in governing the management of foreign exchange and its movement inside Iraq in cooperation with the Central Bank of Iraq and in cooperation." With the Ministry of Finance and government and private banks, this will therefore be discussed in dialogues with the US Treasury Department to clarify the position and steps of the Iraqi government in the field of financial reform on the one hand and the upcoming reform steps, which are large packages launched from time to time.”