Economist Opinion: banking system development will contribute to the promotion of investment in the country

Economist Abdul Sattar Al-Hashemi stressed the importance of development of the banking sector with the latest technologies to facilitate banking transactions and support economic development in the country, called for the creation of a suitable climate for investors.

He said al-Hashimi (News Agency): the development of the banking system will contribute significantly in promoting investment by encouraging investors to come to the country for work and investment.

He said: the investment in accordance with developments to encourage investors in terms of granting facilities and help them minimize bureaucratic procedures.

Explained: that the failure of the Iraqi banking system play a major role in the reluctance of investment process in the country, calling for a new law to make banks local banks to meet the needs of investors.