Al-Sudani directs the formation of a joint team to improve Iraq’s sovereign credit rating.
President’s face policy Cabinet of Ministers Mohammed Shia al-Sudani Today, Wednesday, a joint national team was formed, headed by the governor. Central Bank of Iraq To improve Iraq’s sovereign credit rating.
He said Media Office To the Prime Minister in a statement received by Alsumaria News It is “in line with the government’s directives aimed at enhancing the status of Iraq Financial and economic at the international level, directed Sudanese By forming a joint national team, headed by the governor Central Bank of Iraq…and membership of representatives from ministries (Finance, Oil, and Planning) and specialized economic and financial institutions, in addition to…Prime Minister’s Office The Securities Commission and representatives of the Iraqi banking sector.
The office added, “This National team The team will work to develop an integrated strategy that includes clear and measurable objectives, submit periodic reports to the relevant authorities, and coordinate directly with major international credit rating agencies, particularly Fitch, S&P, and Moody’s, with the aim of improving Iraq’s sovereign credit rating. The team will also pay special attention to strengthening governance tools, managing financial risks, and developing the business environment in line with the government’s economic reform plans.
The office continued, “This directive comes within the framework of the government’s vision to adopt a comprehensive national strategy aimed at improving Iraq’s sovereign credit rating, which will contribute to enhancing international confidence in the national economy and opening broader horizons for direct and indirect foreign investment. The government affirms that this step represents a clear commitment to its reform approach and its commitment to achieving economic stability, supporting the stability of the financial system, and providing an attractive investment environment that contributes to diversifying sources of income and reducing dependence on oil as the sole primary resource.”
Alsumaria.tv