Iraq's PM Al-Sudani met on Thursday with the Chairman of the Arab Monetary Fund, Fahd bin Mohammed Al-Turki. (Photo: PM Al-Sudani's media office)
Monitor
PM Al-Sudani highlights Iraq’s role in Arab Monetary Fund during meeting with chair
BAGHDAD — Iraqi Prime Minister Mohammed Shia Al-Sudani met with Fahd bin Mohammed Al-Turki, chair of the Arab Monetary Fund, on Thursday to discuss enhancing Iraq’s cooperation with the Fund and its contributions to the country’s reconstruction and development efforts, according to a statement from the Prime Minister’s media office.
The Arab Monetary Fund is a regional financial institution established in 1976 and headquartered in Abu Dhabi. Its primary mission is to promote monetary cooperation, trade integration, and financial sector development among its member states.
Statement from PM Al-Sudani’s media office:
Prime Minister Mohammed S. Al-Sudani received today, Thursday, the Chairman of the Arab Monetary Fund, Mr. Fahd bin Mohammed Al-Turki.
At the beginning of the meeting, the Prime Minister congratulated Mr. Alturki on assuming his new role as Chairman of the Fund, wishing him success in his mission.
The Prime Minister affirmed the government’s support for the Fund’s activities, highlighting Iraq’s role as a founding member and the second-largest contributor to the Fund after Saudi Arabia.
Prime Minister Al-Sudani expressed Iraq’s aspiration for greater cooperation with the Fund and emphasized the importance of its contributions to Iraq’s reconstruction and development efforts, particularly in infrastructure projects. He also expressed Iraq’s desire for the Fund to expand the participation of Iraqi professionals in its activities and strengthen ties with Iraqi financial institutions.
The Prime Minister stressed the Arab Monetary Fund’s pivotal role in fostering stronger Arab relations by coordinating financial, monetary, and trade policies, thereby promoting shared interests across the region.
For his part, Mr. Alturki expressed his gratitude for the warm reception and reiterated the Arab Monetary Fund’s commitment to supporting Iraq and participating in its developmental programs. He also emphasized the Arab Monetary Fund’s eagerness to enhance constructive cooperation in the financial and economic sectors.
