Deputy Prime Minister, Minister of Foreign Affairs, Fuad Hussein, chaired today, Monday the thirtieth session of the Ministerial Council for the Economy, in the presence of the Deputy Prime Minister, Minister of Planning, the Ministers of Finance, Industry, Trade, Labor, and Social Affairs, the Secretary General of the Council of Ministers, the Governor of the Central Bank, the Chairman of the National Investment Authority, and the Prime Minister's Advisor for Legal Affairs.

The Council discussed the items on its agenda and took appropriate decisions regarding them. The Undersecretary of the Ministry of Agriculture and Advisor to the Prime Minister were hosted as they two members of the special committee to study the methods of support provided to the agricultural sector and the possibility of their sustainability in light of the water and financial situation and benefit from global experiences and modern methods of irrigation, agricultural mechanization and support of strategic agricultural crops.

The Council also discussed the recommendations of the committee formed to support private banks in order to advance the work of these banks to be an important part of the Iraqi economy.

The Governor of the Central Bank indicated that the CBI is putting the final touches to the lending strategy, and is continuing to implement decisions related to electronic payment.

Due to the importance of the wastewater treatment unit project for preserving the environment, reducing pollution, and contributing to increasing the life of production machines and protecting them from damage, the Council decided to change the method of implementing this project to contribute to accelerating its completion.

Source: National Iraqi News Agency