Central bank did not achieve the desired goals

Parliament: the central bank did not achieve the desired goals in the support and development of the country’s banking sector

05-09-2013 10:55 AM

Central Bank of Iraq- Iraqi dinarBaghdad (news) .. Criticized the Vice President of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Faizullah, central bank policy towards the banking sector it did not work to support and develop his work. said Faizullah (of the Agency news): The Iraqi banking sector is still underdeveloped and lacks a lot of things technological Modern, which made ​​the work of local banks متلكئ. said: that the central bank’s policy towards the banking sector by استفهامات several because it did not achieve the desired goals of them, calling for a plan of action for the advancement of the banking sector and the development of his work. called to: the need for legislation of a special law for banks supports banks local and spurred on the development so that it operates according to technological global banking. suffer the Iraqi banking sector two branches of government and private sector fails to severe relative to global banks and regional, where he is still dependent on traditional systems of old in his work. / End