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Iraqi Finance intend to configure the twining with GCC banks

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Iraqi Finance intend to configure the twining with GCC banks

Post  Shilo on Tue Apr 13, 2010 3:21 pm

April 13, 2010

Baghdad, 13 April (Akaniwz) announced an official source at the Iraqi Finance Ministry on Tuesday that the ministry is seeking to search a file twining banks Iraqi government with the Gulf states economically developed.

The chancellor said the Ministry of Finance Zuhair Abbas Kurdistan News Agency (Akaniwz) announced today that “a Tumat economic ties with the Gulf states economically developed would support the Iraqi economy in the next stage, especially as Iraq has many economic problems.”

Abbas added, “The Ministry, in coordination with the Central Bank of Iraq and the Ministry of Aforeigpakdt continuous meetings to discuss possible frameworks in the composition of the twining with the large banks in the Gulf States.”

Abbas also said that “twinning not exceeding Counselling banking and financial cooperation as it Königswinter twining full of the different economic situation of Iraq with the economies of the Alkhalijp other.”

Abbas said that “more than 6 GCC banks expressed the wish to facilitate the process of twinning to carry out trading money between Iraq and these countries and work of investors bays in Iraq.”

And Abbas that “the most prominent problem in the subject of twinning is the difference in prices of Gulf currencies from the Iraqi currency, but have been serious attempts to resolve the problem as soon as possible.”

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