BREAKING NEWS: The US Treasury Department Visits Baghdad - A Sign of Continued and Future Progress
This little meeting, not reported in the mainstream news, tells us that the US may be ready to help Iraq move towards significant growth in its currency.
The Iraqi Prime Minister discussed the cooperation between financial institutions in Iraq and the US Treasury Department with the US Assistant Secretary of the Treasury Department, Elizabeth Rosenberg.
The meeting addressed measures the Iraqi government took to reduce corruption.
The PM indicated that the government is advancing the banking sector reforms, which are crucial for the economy's growth, by adhering to international standards, solving lingering issues, and keeping up with developments. Now, there are those words again. International Standards.
The Prime Minister emphasized how the new banking reforms reduce money laundering and corruption.
Rosenberg applauded the Iraqi government's outstanding efforts in implementing financial and banking reforms, which would support Iraq's attempts to strengthen its sustainable development initiatives and expand its economy.
