Commission: You must set up a joint investment banks to support the economy

A member of the Economic Commission: You must set up a joint investment banks to support the economy

01-10-2013 10:23 AM

You must set up a joint investment banks to support the economy Baghdad (news) .. Confirmed a member of the Economic Committee MP / coalition in Iraq / Nora Bijari, the importance of the establishment of investment banks a joint public and private sectors to support and develop the economy. said Bijari (of the Agency news): The joint venture banks working to revitalize the public and private sectors and expand capital and capacity, as well as for increased investment, indicating that the Iraqi banking sector did not reach the stage of development yet. said: that investors need to so banks to deposit large sums of money they need headings money for the work of investment projects in Iraq. indicated to: the deteriorating security situation is the biggest drawback to invest in Iraq , in addition to the economic laws need adjustments, flexibility and facilities to attract investor. noted that participants in the conference of the Iraqi banking Gather the need to move in order to overcome obstacles through partnerships between the private banking sector and the banking sector the government on the one hand and between them and international banks on the other. / End

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