Saturday, October 16, 2010

Financial demands to extend the mandate of the United Nations on Iraqi funds

related article ~ UNITED NATIONS AND IRAQ ~ Minister of Finance calls to extend the mandate of the United Nations on Iraqi funds ...

16 October, 2010

Financial demands to extend the mandate of the United Nations on Iraqi funds

Discuss the Minister of Finance Baqir Jabr Al-Zubaidi with Deputy U.S. Treasury Secretary importance of restructuring the Rafidain and rational and to upgrade them to the level of international banks and support Iraq's efforts aimed at securing immunity for his money deposited in the Fund the United Nations.

An official source at the Ministry of Finance, Al-Zubaidi called on the U.S. Administration to support the efforts of Iraq to the United Nations aimed to extend the immunity of the funds deposited into the Development Fund for Iraq at the bank U.S. Federal Reserve, especially the effect of this immunity will end at the end of December, it is still the money is threatened by by some creditors, particularly from the private sector

For his part, expressed his Deputy U.S. Treasury Secretary's readiness to provide forms of support both in terms of supporting Iraq in its relationship with the World Bank and International Monetary Fund and continued to send the experts who help the departments of the Ministry of Finance.

VinTV