Iraq ~ Announce plans to promote the economic reality ...

Iraq's Deputy Prime Minister and Asst. U.S. Treasury Sec ~ protection of funds, economic, financial and cash, and Central Bank of Iraq ...

July 3, 2010

Shaways Announce plans to promote the economic reality

The Deputy Prime Minister Nuri al-Rose Shawis that there were plans for the advancement of economic realities.This came during a meeting with Assistant U.S. Treasury Secretary yesterday, where the two sides discussed relations between Iraq - American and ways of enhancing them in the areas of economic, financial and cash.

According to a statement issued by the Information Office of the Shaways Deputy Prime Minister praised the U.S. Treasury Department for its technical support and technology to Iraq during the development of expertise and develop the potential of Angels Iraqi police operating in areas of economic, financial, monetary and wished the continuation of this support in order to increase the expertise and staff development in this area .The statement quoted Shaways as saying: "The government has many plans and visions for the advancement of the economic sector in Iraq by continuing to encourage investment and adopt a strategic plan five-year in order to increase capital spending and reducing the deficit and to ensure sustained economic growth and implementation of transparent policies and support the principle of competition."

He touched on two sides to the issue of measures being taken by the ministerial committee in charge of developing mechanisms to protect Iraq's money at the end of the mandate of the Fund for International Development, and the Committee has taken several steps in order to ease the problems, especially the oil-for-food contracts, claims and compensation.

For his part, Collins said these measures are the steps for good and important for the protection of Iraq's money and the international community looks forward to further steps for the speedy resolution of all your debts and claims that the United States supports the government's measures in this context as well as support for the sector of the economy and financial system in Iraq.

The statement said the two sides stressed the need to preserve the independence of the Central Bank of Iraq because the measure would be important pillar in supporting the Iraqi economy, development and protection of Iraq's money in the future.

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