statement
•••••
Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani chaired a meeting that included the Minister of Finance, the Governor of the Central Bank of Iraq, and a number of relevant advisors, in the presence of the Director General of the Trade Bank of Iraq.
The meeting 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 regarding them, which were the following:
1-The Ministry of Finance begins paying government debts to the Trade Bank of Iraq.
2- Preparing a plan to be presented to the Council of Ministers regarding the repayment of troubled loans owed by the private sector to government banks, including the Trade Bank of Iraq.
3- Forming a joint committee to study expired credits; In order to return its funds to the public treasury.
•••••
Media Office of the Prime Minister
14- March-2024
