2024-03-14T19:20:36+00:00
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/ Prime Minister Muhammad Shiaa Al-Sudani took, on Thursday night, three selections associated to authorities money owed and non-performing non-public sector loans.
This got here throughout a gathering held by Al-Sudani, with the Minister of Finance, Taif Sami, the Governor of the Central Financial institution of Iraq, Ali Al-Alaq, and various related advisors, and within the presence of the Director Common of the Commerce Financial institution of Iraq, based on an announcement obtained by Company.
In keeping with the assertion, the assembly mentioned various points associated to the federal government banking sector, associated to authorities money owed and non-performing non-public sector loans.
Al-Sudani directed the Ministry of Finance to start repaying authorities money owed to the Commerce Financial institution of Iraq, and to organize a plan to be introduced to the Council of Ministers concerning the reimbursement of non-performing loans owed by the non-public sector to authorities banks, together with the Commerce Financial institution of Iraq, along with forming a joint committee to review expired credit. To be able to return its funds to the general public treasury.