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Building the economy

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1Building the economy Empty Building the economy Thu Apr 04, 2019 2:54 pm

ikea


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Economic Adviser Baqir Mashat

Building the economy

26/03/2019

The requirements of creating a model economy requires supporting elements of the process of building services and promising production in the presence of the elements of development in all sectors of production and service, so the need for a financial sector to a high degree of discipline and development, to be a real supporter of the process of promoting production and services, Financial "financing" for various projects.

Here we must realize that the need for a sophisticated banking system is a necessity, and it can benefit from global experiences that have proven its existence.

We find its banking system capable of financing all projects.

We find small, medium and large banks to carry out their tasks to the fullest.

All banks, But the purpose of existence is achieved, and in return the central bank finds and supports such houses for money.

When working in a promising market with large, medium and small jobs, this confirms that the volume of work requires great efforts according to the plans of the annual, five and twenty.

And we found many voices that focus on the system of funding in Iraq needs to strengthen confidence between the banking system and the public, especially if we know that about 85 percent of the size of the local monetary block chunky in homes, which requires the acceleration of legislation deposit guarantee law, These funds to the banking system and invest in projects that benefit the national economy
.

Iraq is a large business space accommodating major global companies, which requires that we have an effective banking system has the ability to support all small and large enterprises.

The economy is following the course of the work, which we hope will move to tracks that achieve the highest level of benefit to the national economy and the family economy through the construction of an effective banking system.

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