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Iraqis Will Control All 26 Ministries by Week's End, Senor Says
With 15 of 26 Iraqi government ministries already under Iraqi control, Coalition Provisional Authority (CPA) spokesman Dan Senor says the remaining 11 will be transferred by week's end.
"Today I can announce that by the end of this week, all remaining ministries will be turned over to the Iraqi ministers," said Senor during a June 21 press briefing in Baghdad. "So by this time next week, every single minister will have control of their respective ministry," he added.
Senor further noted that more than 1.3 million Iraqis work for the national government, "and by the end of this week, all of them will be reporting to Iraqi supervisors and Iraqi ministers."
Iraqi Bankers Meet U.S., International Financiers in New York, Washington
Representatives of Iraq's banks are meeting with U.S. and international financial experts in New York and Washington to be briefed on the latest banking practices and to come in contact with potential U.S. business partners. The visits are sponsored by the U.S. Trade and Development Agency (USTDA).
"Reconstruction and modernization of the private banking sector is essential for economic growth in Iraq," said Kevin Woelflein, Senior Advisor to the Iraqi Ministry of Finance with the Coalition Provisional Authority. "This visit has provided the delegates with a valuable opportunity to learn about modern banking practices and will help to make private banks the core of the future banking structure in Iraq." The delegation includes representatives from 12 privately owned Iraqi banks as well as the deputy governor of Iraq's Central Bank.