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Industry held a symposium on the role of banks in the process of economic reform
Baghdad / Iraq today
The Central Commission for economic reform in the Ministry of Industry and Minerals Symposium under the title of the bank's role in the process of economic reform have been prepared by the expert in the circle of development and industrial organization Majid Mansour, Peter aims to highlight the importance of the banking activities of commercial banks in the process of economic reform. This was stated by the Information Office in the ministry, saying that this symposium, attended by representatives of Iraqi banks, ministries of planning, agriculture and the directors-general and experts of the Ministry of Industry and Minerals during which display concepts to assign a mechanism of banking and its role for the advancement of the economy to contribute to the creation of production of national, adding that the facilities, banking is Cash and money of others and monetary policies and credit has also confirmed the researcher that the absence of economic reforms lead to higher business costs and low investment and low rates of growth, employment and income in addition to the prevalence of the phenomenon of instability of national and regional stating that the establishment of institutions of economic reform under democratic rule will lead to the sustainability of the future of democracy and markets Free and stability of the international system. He said the researcher three economic reform and of legislation and the banking system in addition to the fight against poverty to escape from the economic crises of the governments with institutions accountable, accountability, and that have the ability to exercise democratic rule also addressed the seminar the most important practical applications that witnessed the country in the banking industry is the role of the Iraqi Central Bank and shares in achieving economic stability and brought about the prospects of opening of the local banks in the world of private and public, where the Central Bank of Iraq re-construction through a series of steps, including a daily auction of foreign currency to the bank. And left the symposium with a summary included that the process of economic reform is a revolutionary process seriously, especially in Iraq and the need to assign the founders as well as the need for re-distribution of roles and investment potential and the adoption of democratic politics with the core principles of transparency and a willingness to promote institutional reforms and social development and the need to enact legislation that will help the restructuring of all its forms.
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Baghdad / Iraq today
The Central Commission for economic reform in the Ministry of Industry and Minerals Symposium under the title of the bank's role in the process of economic reform have been prepared by the expert in the circle of development and industrial organization Majid Mansour, Peter aims to highlight the importance of the banking activities of commercial banks in the process of economic reform. This was stated by the Information Office in the ministry, saying that this symposium, attended by representatives of Iraqi banks, ministries of planning, agriculture and the directors-general and experts of the Ministry of Industry and Minerals during which display concepts to assign a mechanism of banking and its role for the advancement of the economy to contribute to the creation of production of national, adding that the facilities, banking is Cash and money of others and monetary policies and credit has also confirmed the researcher that the absence of economic reforms lead to higher business costs and low investment and low rates of growth, employment and income in addition to the prevalence of the phenomenon of instability of national and regional stating that the establishment of institutions of economic reform under democratic rule will lead to the sustainability of the future of democracy and markets Free and stability of the international system. He said the researcher three economic reform and of legislation and the banking system in addition to the fight against poverty to escape from the economic crises of the governments with institutions accountable, accountability, and that have the ability to exercise democratic rule also addressed the seminar the most important practical applications that witnessed the country in the banking industry is the role of the Iraqi Central Bank and shares in achieving economic stability and brought about the prospects of opening of the local banks in the world of private and public, where the Central Bank of Iraq re-construction through a series of steps, including a daily auction of foreign currency to the bank. And left the symposium with a summary included that the process of economic reform is a revolutionary process seriously, especially in Iraq and the need to assign the founders as well as the need for re-distribution of roles and investment potential and the adoption of democratic politics with the core principles of transparency and a willingness to promote institutional reforms and social development and the need to enact legislation that will help the restructuring of all its forms.
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