BEIRUT: Lebanon’s Finance Ministry is ready to offer technical assistance to its Iraqi counterpart, the Lebanese institution said.
A senior Iraqi delegation has requested technical assistance from Lebanon in the fields of Customs and banking, the statement said.
“Iraqi acting Finance Minister [Ali al-Shukri] has expressed [his] country’s desire to get technical assistance from Lebanon to develop Iraq’s financial system and Customs in addition to budgeting,” it added.
“ Lebanon is ready to offer support and expertise to Iraq and will put all the capabilities of the Finance Ministry at its disposal and is ready to conduct trainings in all aspects needed,” Caretaker Finance Minister Mohammad Safadi was quoted as saying.
The Iraqi side has also expressed Baghdad’s intention to open branches of state-owned Rasheed Bank, the country’s second-largest bank.