PM discusses with representatives of Ernst & Young its plan to organize and structure the work of Rafidain Bank

Baghdad - INA

Prime Minister Muhammad Shiaa Al-Sudani discussed, today, Thursday, with representatives of Ernst & Young its plan to organize and structure the work of Rafidain Bank.

A statement issued by the Prime Minister’s Media Office, received by the Iraqi News Agency (INA), said, “The Prime Minister chaired a meeting that included representatives of Ernst & Young for auditing and financial consulting, in the presence of the Minister of Finance, the Governor of the Central Bank of Iraq, and the Prime Minister’s advisors concerned with the economic aspect.”.

During the meeting, according to the statement, the initial draft of the company’s plan was discussed for the purpose of organizing and structuring the work of Rafidain Bank, within the government’s approach to reform the banking and financial sector, a number of observations were recorded on the draft plan with the aim of amending it and proceeding with its implementation.

The Prime Minister stressed the need for “the plan to be applicable and not a copy of previous experiences, and to achieve its desired goal.”.

According to the statement, the Prime Minister also expressed the government’s readiness to provide all necessary facilities to accomplish transformation and restructuring, which is an essential part of the goal of the government program in the field of financial and banking reform.

Al-Sudani stressed the speed of completion, in order to make the required plan successful and achieve tangible progress within the framework of economic reform.