Deputy: UN sanctions and political problems behind the decline of non-Iraqi purchases of shares in the stock market
Deputy: UN sanctions and political problems behind the decline of non-Iraqi purchases of shares in the stock market
5/7/13
Baghdad (newsletter). The Rapporteur of the Committee on the economy and investment the Kurdistan Alliance/MP/mehma Khalil, declining foreign purchases of stocks in Iraq market for securities to political feuds among the parliamentary blocs and the UN sanctions still imposed on Iraq.
He said Khalil (News Agency): the political climate became a repel hard currencies and investors which impact directly on Iraq market for securities which is the lifeblood of the economy of the country.
He added that non-Iraqi purchases of shares in the stock market due to the political problems that her going astray on the security situation, as well as the Central Bank crisis that impacted significantly on the coming investment companies to work in the country
He said: as well as the UN sanctions imposed on Iraq since the 1990s, which contributed to prevent the entry of investors to operate in Iraq
ikhnews.com
