Iraq anticipates banking sector shift in 2 years

The financial advisor to the Iraqi Prime Minister stated that Iraq is planning to overhaul its banking sector within 24 months, expecting a significant transformation in its financial structure. The reform includes reducing the number of banks and increasing their capital, strengthening relationships with international banks, and enhancing reliance on international standards, all aimed at improving transparency and developing the financial system to bolster Iraq's economic standing.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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