Abadi: move to set up an investment bank with the support of the state
Saturday November 29, 2014 13:30
Alsumaria News / Baghdad
Prime Minister Haider al-Abadi, Saturday, that Iraq is moving to create an investment bank with the support of the state, noting that the state will provide all possible assistance for the success of the partnership between the state and the private sector revealed.
Ebadi said the development of the banking reality in Iraq conference in Baghdad, attended by "Alsumaria News", that "Iraq is moving to create an investment bank backed by the state," noting that "he is one of the key projects for the work of banks, which will hopefully be done soon to give a start and wide in Gaza investment. "
Abadi said that "Iraq can not succeed without a partnership between the state and the private sector and between the activities of the community," noting that "the state will provide all possible assistance in this area for the success of this partnership."
It is noted that in spite of the private banks spread in Iraq, which amounted to more than 30 banks, but the banks did not play a pivotal role in the economic development process in Iraq because of the smallness of these banks in addition to the departure of government institutions to deal with it because of foot-dragging some private banks in their work.
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Saturday November 29, 2014 13:30
Alsumaria News / Baghdad
Prime Minister Haider al-Abadi, Saturday, that Iraq is moving to create an investment bank with the support of the state, noting that the state will provide all possible assistance for the success of the partnership between the state and the private sector revealed.
Ebadi said the development of the banking reality in Iraq conference in Baghdad, attended by "Alsumaria News", that "Iraq is moving to create an investment bank backed by the state," noting that "he is one of the key projects for the work of banks, which will hopefully be done soon to give a start and wide in Gaza investment. "
Abadi said that "Iraq can not succeed without a partnership between the state and the private sector and between the activities of the community," noting that "the state will provide all possible assistance in this area for the success of this partnership."
It is noted that in spite of the private banks spread in Iraq, which amounted to more than 30 banks, but the banks did not play a pivotal role in the economic development process in Iraq because of the smallness of these banks in addition to the departure of government institutions to deal with it because of foot-dragging some private banks in their work.
[You must be registered and logged in to see this link.]