Foreign Minister: Financial and banking reforms are an internal necessity before they are an external demand.
Deputy Prime Minister and Foreign Minister Fuad Hussein affirmed on Wednesday that financial and banking reforms are an internal necessity before being an external demand.
The Ministry of Foreign Affairs stated in a statement that “Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, chaired the second meeting of the High National Committee concerned with examining the decision of the US Treasury Department issued on October 9, 2025, regarding the inclusion of a number of entities and individuals on its lists,” noting that “the meeting was held at the headquarters of the Ministry of Foreign Affairs, in the presence of members of the committee from the representatives of the relevant ministries and government bodies.”
She added that “the committee reviewed during the meeting the measures taken by the concerned authorities, and the proposed ways to deal with the files raised at the internal and external levels. It also addressed the evaluation of the available legal paths to deal with these developments, and discussed practical options to complete the ongoing efforts, while emphasizing the continuation of meetings during the next stage and scheduling subsequent sessions with the participation of additional parties related to the file.”
The minister stressed, according to the statement, that “financial and banking reforms are an internal necessity before they are an external demand,” noting that “the data related to the current and future policy of the Iraqi government, the general economic situation, and the financial aspect in particular, call for positive interaction with what is being proposed externally, in order to ensure the protection of national interests and enhance the stability of the Iraqi economy.”
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