Three decisions regarding government banking sector made following a meeting that the premier chaired

INA-  Baghdad


Three decisions regarding government banking sector made following a meeting that the premier chaired
 
 
The governor of the Central Bank of Iraq, a number of concerned advisors, and the director general of the Iraqi Trade Bank convened on Thursday under the chairmanship of Prime Minister Mohammed Shia Al-Sudani.  
 
In a statement obtained by the Iraqi News Agency (INA), the Prime Minister's Media Office declared: "Prime Minister Muhammad Shia Al-Sudani chaired a meeting that included the Minister of Finance, the Governor of the Central Bank of Iraq, and a number of concerned advisers, in the presence of the Director General of the Iraqi Trade Bank. The meeting discussed a number of issues related to the government banking sector, related to government debts, and non-performing private sector loans. A number of decisions were made on them, including the following: 

1. The Ministry of Finance will begin to settle public debts owed to the Iraqi Trade Bank.
 
2. creating a plan to be submitted to the Cabinet regarding the repayment of non-performing loans owed to government banks, such as the Iraqi Trade Bank, by the private sector.
 
3. the establishment of a joint committee to examine the out-of-date appropriations and return the money to the public coffers.