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Central Bank of ending the draft law and is preparing to participate in the development
21/1/2015
Parliamentary committee: two projects were working on "" Edit Investment # Baghdad - promised Shammari: Committee announced its economy and investment representative, on Wednesday, for the end of the drafting of "preliminary draft" of the legal new Central Bank and the modification of private banks No. (94) for the year 2004, pointing out that these two the two projects will work with the amendment of the Investment Law in order to support the economic situation as well as to open the door for more resources to address the current financial crisis. This comes at a time when the Central Bank revealed his initiatives and actions are important for the promotion of development and job creation. She said committee member Nora Albjara to " New Morning, "" The meeting gathered the Governor of the Central Bank on the Keywords middle of this week, in which we discussed the challenges facing the economic situation in Iraq. " She added that "Keywords promised to support economic development by opening the door to private banks, which in turn supports the economic, agricultural and industrial sectors," stating that "it is providing loans to entrepreneurs, and facilitate the opening major community banks." She Albjara regret "because most of the private banks in Iraq, which is supposed to contribute to the economic improvement, are individually managed by the figures is competent. and do not have a positive impact on the general situation. " Although acknowledging the former parliament to amend the investment law, but a member of the parliamentary Economic Committee found "insufficient to cope with the current situation; because it intersects with other legislation and therefore the new amendment came without a trace," and promised a "legal central bank and banking influential hinder development" , however Albjara "so that the foreign investor was found, it will work in the southern regions, and we provide a safe environment; because the western and northern provinces suffer from a security deterioration," he demanded to "provide facilities for foreign funds because they are vulnerable to competition from nearby Arab markets, and if the foreign investor hair concerned it will leave the neighborhood and go our legislative efforts in vain. " revealed "an end to the central bank to formulate a preliminary draft of the new law and the amendment, which will work together with the amendment in force investment law, banking law in order to strengthen economic development in the country," Msttrdp that "both projects would create new resources for the country away from oil contributes to the bridge portion of the crack of the financial crisis. " The completed Albjara saying, "The drafts are still in the custody of the Central Bank, and it is hoped refer them soon to the government and then to the House of Representatives for approval as soon as possible." These developments came in conjunction with the announcement of the bank CBI said in a statement received "new morning" a copy of which he was "studying the initiatives and actions to promote job development and job creation." He added that the bank "initiative comes in line with the law ....
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21/1/2015
Parliamentary committee: two projects were working on "" Edit Investment # Baghdad - promised Shammari: Committee announced its economy and investment representative, on Wednesday, for the end of the drafting of "preliminary draft" of the legal new Central Bank and the modification of private banks No. (94) for the year 2004, pointing out that these two the two projects will work with the amendment of the Investment Law in order to support the economic situation as well as to open the door for more resources to address the current financial crisis. This comes at a time when the Central Bank revealed his initiatives and actions are important for the promotion of development and job creation. She said committee member Nora Albjara to " New Morning, "" The meeting gathered the Governor of the Central Bank on the Keywords middle of this week, in which we discussed the challenges facing the economic situation in Iraq. " She added that "Keywords promised to support economic development by opening the door to private banks, which in turn supports the economic, agricultural and industrial sectors," stating that "it is providing loans to entrepreneurs, and facilitate the opening major community banks." She Albjara regret "because most of the private banks in Iraq, which is supposed to contribute to the economic improvement, are individually managed by the figures is competent. and do not have a positive impact on the general situation. " Although acknowledging the former parliament to amend the investment law, but a member of the parliamentary Economic Committee found "insufficient to cope with the current situation; because it intersects with other legislation and therefore the new amendment came without a trace," and promised a "legal central bank and banking influential hinder development" , however Albjara "so that the foreign investor was found, it will work in the southern regions, and we provide a safe environment; because the western and northern provinces suffer from a security deterioration," he demanded to "provide facilities for foreign funds because they are vulnerable to competition from nearby Arab markets, and if the foreign investor hair concerned it will leave the neighborhood and go our legislative efforts in vain. " revealed "an end to the central bank to formulate a preliminary draft of the new law and the amendment, which will work together with the amendment in force investment law, banking law in order to strengthen economic development in the country," Msttrdp that "both projects would create new resources for the country away from oil contributes to the bridge portion of the crack of the financial crisis. " The completed Albjara saying, "The drafts are still in the custody of the Central Bank, and it is hoped refer them soon to the government and then to the House of Representatives for approval as soon as possible." These developments came in conjunction with the announcement of the bank CBI said in a statement received "new morning" a copy of which he was "studying the initiatives and actions to promote job development and job creation." He added that the bank "initiative comes in line with the law ....
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