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Baghdad: Iraq News Network-a member of the Finance Committee in the House of representatives John Al-jubouri, the Financial Administration Act and the public debt is in effect being applied. Al-jubouri, in a press statement that "the Banking Act No. 94 of 2004 contains a paragraph 28 is not activated and not clear so far which contain invest some capital in the banks," said Al-jubouri, the capital in those banks are currently frozen and unauthorized banks departments in accordance with this article, investing reflected The issue of the development and investment projects and support for the investor, either domestic or foreign, "said a member of the Finance Committee, that" this article is working on it in earnest in the Commission as a recommendation and agreement between us and the bank managers to be modified this article as new banks law currently in the State Council, "between Al-jubouri, stated that" it is necessary to amend this article in line with the development of the new Iraq in the free market and private sector ", pointing to" should be given wider interest in this Paragraph to the adoption of substantial amounts and benefits set by the Board and not by the Ministry of finance as it is now. "
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