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Economist proposes the establishment of a development bank shareholder to support the development process
27/04/2015 06:46
BAGHDAD / Source News / .. suggested economist Qais al-Zubaidi, on Monday, the establishment of a development bank shareholder to support the economic development process in the country.
Zubaidi said in an interview Agency / Source News /, that "the idea of establishing a development bank in the country in the current situation is a good idea if we take into account what this country suffering from underdevelopment and mass destruction right Bbenith infrastructure and facilities development because of wars and crises and financial corruption."
He added, that "economic Marshall Plan, which pulled Europe from the devastation of World War II and the same for industrial urgent that dust and rubble Althagalin war experience was a financial rescue package by a group of banks contributed to saving the governments of European countries at the time of the burden of cumbersome war across submitted the required support ".
He continued, "where the banks that the reconstruction of damaged infrastructure and turn the page developmental retardation caused by the years of World War II, has contributed to the creation of a new Europe are totally different from the previous one that burned structures and drained its resources and capacities war machine."
He said, he was "in the presence of a number of commercial and specialized government banks which Rafidain and Rasheed and industrial cooperative and real estate and Agricultural Bank of Iraq to trade along with more than 45 branches of regional and foreign banks, private banks, but the reality of the situation proved beyond doubt the reluctance of those banks for the financing of development programs and the reduction of the bulk of its funding and activities of foreign trade and deal to sell the dollar and buy programs, particularly private banks, including "./ ended / h
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27/04/2015 06:46
BAGHDAD / Source News / .. suggested economist Qais al-Zubaidi, on Monday, the establishment of a development bank shareholder to support the economic development process in the country.
Zubaidi said in an interview Agency / Source News /, that "the idea of establishing a development bank in the country in the current situation is a good idea if we take into account what this country suffering from underdevelopment and mass destruction right Bbenith infrastructure and facilities development because of wars and crises and financial corruption."
He added, that "economic Marshall Plan, which pulled Europe from the devastation of World War II and the same for industrial urgent that dust and rubble Althagalin war experience was a financial rescue package by a group of banks contributed to saving the governments of European countries at the time of the burden of cumbersome war across submitted the required support ".
He continued, "where the banks that the reconstruction of damaged infrastructure and turn the page developmental retardation caused by the years of World War II, has contributed to the creation of a new Europe are totally different from the previous one that burned structures and drained its resources and capacities war machine."
He said, he was "in the presence of a number of commercial and specialized government banks which Rafidain and Rasheed and industrial cooperative and real estate and Agricultural Bank of Iraq to trade along with more than 45 branches of regional and foreign banks, private banks, but the reality of the situation proved beyond doubt the reluctance of those banks for the financing of development programs and the reduction of the bulk of its funding and activities of foreign trade and deal to sell the dollar and buy programs, particularly private banks, including "./ ended / h
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