Episode notes
The Iraqi Central Bank informs France of the plan to restructure government banks
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A statement from the bank stated that, “The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, received the French Ambassador to Baghdad, Patrick Durel, and the meeting dealt with ways to strengthen banking relations between the two countries, and His Excellency the Governor gave a comprehensive explanation of the relations and economic conditions, as well as the government’s directions.” “In consolidating the foundations of the national economy and diversifying it in light of the state of security stability achieved in Iraq.”
The meeting also clarified "the plan to restructure government banks, which enjoys support and regular follow-up by the Prime Minister, indicating that this plan will change the map of the banking sector and its reality in Iraq."