Economist: the need to increase interest rates on bank deposits to encourage people to bid farewell to their money in banks
On: Wednesday 03/21/2012 13:36
Baghdad (news) .. Called an economist Ismail satisfied the need to increase the value of the interest of the funds deposited in banks to encourage citizens to bid farewell to their money and invest in projects that serve the country.
Radi said (of the Agency news) said on Wednesday: it is necessary to take the bold decision by the monetary policy of the Central Bank of the increase the value of the interest of the amounts deposited in the banks, for the purpose of… paying the owners of wealth to bid farewell to their money in banks and invested in projects that serve the country like some of the world, pointing to the presence of large amounts frozen in some citizens without investment.
and Ocharaly: that most of the world depend Bsaasthm cash increase the benefits of the funds deposited in banks to bring in a lot of money and investment of economic projects and services, pointing to the owners of wealth and the amounts abundant Iraqis are beginning to today are turning abroad to deposit their money in those countries for the purpose of obtaining the annual profit.
criticized the economic expert, the work of banking policy in Iraq, by reducing the interest on the funds deposited in banks, making the most of the citizens’ retreat to the banks to withdraw their money, and this is what has led to confusion in the banking and make it inactive.
It is noted that the interest prescribed by the Central Bank on funds deposited in banks (3%) annually. / Finished / 8 . for. m /