Deputy Secretary of the Treasury Wally Adeyemo and Iraqi Prime Minister Mohammed Shiaa’ al Sudani met today on the sidelines of the UN General Assembly. The meeting focused on Iraqi banking sector reform, financial relations with the United States, and combatting illicit finance.
During the discussion, Deputy Secretary Adeyemo congratulated Prime Minister Sudani on Iraq’s progress in banking sector reform. He noted that these reforms have broadened Iraq’s international financial connectivity and increased financial inclusion. “Treasury supports the Central Bank of Iraq (CBI) and the Prime Minister’s reform agenda,” said Adeyemo.
Deputy Secretary Adeyemo also praised Iraq’s 6.0 percent growth in its non-oil economy. He inquired about steps being taken to diversify Iraq’s economy away from hydrocarbons.
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