Baghdad – WAA
The US Treasury Department praised the growth of the non-oil economy in Iraq.
A statement by the US Treasury, seen by the (INA), stated that Treasury Secretary Wali Ademo met with Iraqi Prime Minister Mohammed Shia al-Sudani on the sidelines of the United Nations General Assembly to discuss reforming the Iraqi banking sector, financial relations with the United States, and combating illicit financing.
He added, “Deputy Minister Ademo congratulated Al-Sudani on the great progress Iraq has made in reforming the banking sector, which has expanded Iraq’s international financial connectivity and increased financial inclusion. Ademo also affirmed the Treasury’s support for the Central Bank of Iraq and the Prime Minister’s reform agenda.”
He continued: “The Deputy Minister also praised the growth of the non-oil economy in Iraq by 6.0 percent,” noting that “the discussion was about the steps taken by the Prime Minister to diversify the Iraqi economy away from hydrocarbons.”