Mon. PM KTFA News Articles 4-26-21




Washington is ready to support the financial policy of Iraq

26th April, 2021

Today, Monday, the US ambassador to Iraq expressed his country’s readiness to provide support and assistance to the central bank and the banking sector in Iraq.

The media office said a statement of the Central Bank of Iraq received by Alsumaria News, “The governor of the bank, Mustafa Ghaleb, terrifying, received the US ambassador to Iraq, Matthew Toller.

The statement added that the meeting dealt with ways of joint cooperation between Baghdad and Washington in the monetary and economic fields, including the emphasis on the importance of technical support and joint cooperation to advance the reality of the Iraqi banking sector.

In turn, the American ambassador praised the reform plan adopted by the administration of the Central Bank of Iraq towards the banking sector, expressing his country’s readiness to provide various types of support and assistance to the central bank and the banking sector in Iraq.   LINK

Sumaisem : Increasing oil prices would eliminate the fiscal deficit

25th April, 2021

The economic expert, Salam Sumaisem, said today, Sunday, that the increase in oil prices could eliminate the financial deficit in the budget, noting that the strict financial policy is paid by the simple citizen.


Sumaisem told “Tigris”, “It is possible that the increase in oil prices will eliminate the financial deficit, by investing the increases in bridging the economic gap that exists inside Iraq.”

However, Sumaisem said, “There is no sign or glimmer of hope for the improvement of the economic situation in Iraq. Rather, the government has given the impression to everyone that it is on the way to austerity and following the strict traditional measures pursued by the financial policy, which the middle class pays for.”   LINK

Source: Dinar Recaps


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