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UN: Iraq will become a global banking powerhouse

UN: Iraq will become a global banking powerhouse

Iraqi News30-05-2025
Baghdad – INA
The UN Secretary-General's Special Representative, Mohammed Al-Hassan, confirmed that Iraq will become a banking powerhouse internally and externally.
In a statement to the Iraqi News Agency (INA) on Friday, Al-Hassan said, "The words spoken during the Anti-Money Laundering and Combating the Financing of Terrorism conference indicated that Iraq is facing a regional and international challenge to regain its standing."
He added, "The Iraqi economic system cannot be complete without an effective financial sector internally and externally," noting that "Iraq is committed to taking positive steps to restore confidence in the financial and banking sector in Iraq."
Al-Hassan emphasized that "the United Nations supports Iraq's approach, which will, in the coming days, become an interactive banking powerhouse internally and externally." He emphasized that "the fight against terrorism is not a scourge that has afflicted Iraq alone, but the entire world, and the sacrifices that Iraq has made in lives and money are not insignificant or small."
He noted that "these sacrifices must be completed, extended, and continued to restore Iraq's position in the financial and banking sector."
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