Financial expert: slow movement in the country has affected the stock market activity

Baghdad (newsletter) … Financial expert attributed the Salem aldaini, weak market activity Iraq Stock Exchange to slow the growth of the investment process in the country, due to legal constraints against investors. Said aldaini (News Agency news) on Friday that investment movement in Iraq is still not encouraging outcome for investors, impediments and bureaucratic procedures and underdeveloped banking system affecting the stock market and make its activity is weak, because Exchange relies on the movement of investment in the country and through shares traded in the market.

He added: the stock market needs to be based on economic foundations in all economic sectors to make it more effective, and this comes through investment and access to capital to the country, calling for the development of programmes and plans to promote investment in Iraq through the update mechanism used in banking and develop facilities to investors to boost investment in the country.

ikhnews.com