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Chairman of the Securities Commission Abdul-Razzaq al-Saadi
2015/02/07
Tomorrow Press / Baghdad: The head of the Securities Commission Abdul Razzaq al-Saadi, Saturday, that the general budget of the country provides a functional degrees instead of jobs, calling on the central bank to further interaction with the private banks.
He said al-Saadi's "Tomorrow's Press," that "the budget since its launch after 2003, it provides a grading functionality that deplete the shoulders of the state, one of the responsibility in the feeding of any provision of living of the citizen employee, contrary to what should be offered a job, which disappeared dramatically and effectively all budgets, which impacted negatively on the reality of the economic growth of the country. "
He added that "the provision of job opportunities for citizens in every year translated Homenh private sector and projects implemented invest a large area in the Iraqi budgets in order to face any economic crises and now faces state when Ankhvz sale price of oil, which in the coming future to significant levels would cause embarrassment to the state and the citizen, who is the only main concern is to get a government job only. "
He called al-Saadi state to "Alasara activate Almthaklh sectors which parked for years as a sector of industry and Alzrah, tourism and move the masses of cash chunky toward investment to move the market, Vdilan call the central bank to interact seriously and further the relationship with the private banks in order to be arm retaining of the economy, whether in the stock market because banks own account for a large proportion of the size of the securities traded in the market or in the Iraqi market in general companies. "
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2015/02/07
Tomorrow Press / Baghdad: The head of the Securities Commission Abdul Razzaq al-Saadi, Saturday, that the general budget of the country provides a functional degrees instead of jobs, calling on the central bank to further interaction with the private banks.
He said al-Saadi's "Tomorrow's Press," that "the budget since its launch after 2003, it provides a grading functionality that deplete the shoulders of the state, one of the responsibility in the feeding of any provision of living of the citizen employee, contrary to what should be offered a job, which disappeared dramatically and effectively all budgets, which impacted negatively on the reality of the economic growth of the country. "
He added that "the provision of job opportunities for citizens in every year translated Homenh private sector and projects implemented invest a large area in the Iraqi budgets in order to face any economic crises and now faces state when Ankhvz sale price of oil, which in the coming future to significant levels would cause embarrassment to the state and the citizen, who is the only main concern is to get a government job only. "
He called al-Saadi state to "Alasara activate Almthaklh sectors which parked for years as a sector of industry and Alzrah, tourism and move the masses of cash chunky toward investment to move the market, Vdilan call the central bank to interact seriously and further the relationship with the private banks in order to be arm retaining of the economy, whether in the stock market because banks own account for a large proportion of the size of the securities traded in the market or in the Iraqi market in general companies. "
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