Prime Minister received Chairman JP Morgan Bank

Baghdad-INA  
Prime Minister Mohammad Shia Al-Sudani stressed today, Wednesday that it is not possible to work in any development sector without reform steps for the banking sector.
 
 
Prime Minister’s Media Office said in a statement received by the Iraqi News Agency (INA): that “Prime Minister Mohammad Shia Al-Sudani received, at his residence in the American capital, Washington, this evening, Wednesday (Baghdad time), the Chairman of JPMorgan Bank, and his accompanying delegation."
  "During the meeting, the government's efforts to implement financial and banking reforms were discussed, in light of the path it is taking towards improving the economic reality and achieving development, in addition to discussing the government's measures to develop the government banking sector, through its contracts with major international specialized consulting companies with banking reform, and encouraging private banks to open accounts with foreign banks to become correspondent banks, according to a plan aimed at dispensing with the electronic platform at the end of this year.”
Al-Sudani stressed, according to the statement, that “it is not possible to work in any development sector without reform steps for the banking sector, and the necessity of continuing dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.”
For his part, Chairman of JP Morgan Bank praised "the efforts of the Iraqi government to activate, develop and rehabilitate government and private banks, and its procedures in the field of providing assistance to private Iraqi banks," stressing "his support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership."