CBI Adviser: tax and banking sector suffering from major problems

Baghdad (news) .. According to central bank adviser appearance of Mohammed Saleh, that the tax system and banking sector suffering from major problems impede the course of banking business.

Saleh said (of the Agency news) said on Tuesday: that both the tax and banking are suffering from problems impede the course of their work include mental Banking unconscious, which is still in control of the banks and the absence of a culture of tax and the lack of the electronic system to talk. Saleh pointed out: that the tax system and banking sector needs to develop in the structure of banking systems and open workshops and seminars intensive and in need of international expertise to advance the banks of slumber long, indicating the following: that the initiative of the Finance Committee Parliamentary investment meeting with the U.S. delegation to present the problems of retail banking and taxation is an important initiative.

He said the central bank adviser: that America possesses one of the best arts tax in the world and, therefore, that step taken by the provision of technical assistance to provide workshops and training of cadres of the Iraqi banking are good steps to promote the infrastructure of the sectors banking, taxation and stability in economic growth in Iraq.

He noted the benefit to: that the U.S. Congress a major role in promoting enterprise bank in Iraq, including a draft Central Bank, which is one of the best projects, which he made, and has a role to be commended for he said, adding, not for the Congress as the central bank presence in Iraq. It is noteworthy that the Finance Committee’s parliamentary held a meeting with a delegation from the U.S. Treasury Department and the U.S. Embassy in Baghdad discussed the most important problems of the banking system and taxation in Iraq and how to find the most rapid resolution of her.