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Calls for a reconsideration of the banking sector to activate the Iraqi economy and attract investment (Dif-Source)
Sunday 0.03 May 2015
Specialists, economists said, Sunday, that the legislative and financial obstacles highlighted the problems faced by the Iraqi banking sector.
The Director General and the Euphrates Center for Development and Strategic Studies, Khalid Aerada, said that "the Iraqi banking sector, the private, suffer real problems highlighted by the legislative and financial obstacles," it returned that it was necessary "to shed light on those barriers and treatment."
He Aerada, that "the proportion of foreign investment in Iraq is low and not exceeding Monday percent of the total investment," ruling out "the possibility of activating the Iraqi economy and achieve sustainable development without capable of attracting investment and management of the financial resources of the country by about an integrated banking system."
For her part, Director of the Trade Bank of Iraq in Karbala, Uras Abdel-Nour, said that "the Iraqi banking sector suffers conflicts of implementation of the Central Bank of instructions between the private and public sectors", calling for "the unification of work between banks, private and public systems."
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Sunday 0.03 May 2015
Specialists, economists said, Sunday, that the legislative and financial obstacles highlighted the problems faced by the Iraqi banking sector.
The Director General and the Euphrates Center for Development and Strategic Studies, Khalid Aerada, said that "the Iraqi banking sector, the private, suffer real problems highlighted by the legislative and financial obstacles," it returned that it was necessary "to shed light on those barriers and treatment."
He Aerada, that "the proportion of foreign investment in Iraq is low and not exceeding Monday percent of the total investment," ruling out "the possibility of activating the Iraqi economy and achieve sustainable development without capable of attracting investment and management of the financial resources of the country by about an integrated banking system."
For her part, Director of the Trade Bank of Iraq in Karbala, Uras Abdel-Nour, said that "the Iraqi banking sector suffers conflicts of implementation of the Central Bank of instructions between the private and public sectors", calling for "the unification of work between banks, private and public systems."
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