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Alnasiri: the banking sector reforms first

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Alnasiri: the banking sector reforms first Empty Alnasiri: the banking sector reforms first

Post  Admin Tue Feb 16, 2016 9:54 am

2/15/2016 0:00

BAGHDAD - Joseph Zayer

About Press Rubaie Baghdadi group released the researcher and economist Samir Abbas Alnasiri book «banking sector reform first step of economic reforms in Iraq».

 The have been printed and distributed the book within the Union of Arab Banks activities in supplying the Arab library with new and important research in support of the experts, bankers and all those interested in banking culture
.

Author section of the book into two parts first, entitled «banking reform in Iraq» This section included eight chapters, while the second section, which dealt with «the banking sector reform in the government program (2014 2018)» consists of eight chapters as well, also included the book four supplements.

Alnasiri expressed in the introduction to a book about hope in the activation of the application of economic reforms for being the main gate to all the other reforms, through the effort expended in the studies and ideas which was annexed by the book, and processors as well as proposals submitted by the banking reform
 Proper.


The author also wished to contribute ideas contained within the 166 pages of the book in the development of a realistic reform program possible application, and noted that the book Alnasiri to rule based on the study and analysis of the reality of Iraqi banks in the current economic conditions.

Alnasiri noted in the second quarter to «The economic reality of the turbulent financial crisis through which Iraq began to affect a significant impact on the block the implementation of the government's plans and the private sector in economic development in addition to the apparent failure in creating and poor economic planning and lack of coordination between fiscal and monetary policies of new economic resources ».

The «The great disaster it is liquidity that has plagued Iraq, particularly government and private banks, which 55 banks totaling including branches of Arab and foreign banks operating in Iraq, due to lower deposits and higher overdue debt repayment rates higher than planned in the standard accounting standards resulting crisis would lead to Onhiaroavlass some banks, which will create a lack of trust between the citizen and the banking system. »

And he gave the author in search of whatever in the third quarter for the «development of the private sector, the mainstay of the reform of the Iraqi economy» It is well known the extent of focus by all those interested in economic affairs and the Iraqi reforms especially Eduard this search.

He concluded Alnasiri at the conclusion of this chapter to «work on private corporate governance and adoption in government and private institutions regulations legislation, seeking to pass legislation that will allow the involvement of specialists and professionals from the private sector as members of the boards of directors of public companies».

And the author in Chapter VII stressed the importance of the media's role in economic life as it pointed out that «during last June pervaded Iraqi money market chaos and confusion and Thuala and miscalculation and interventions from many parties led to lack of control over the Iraqi dinar exchange rate against the US dollar and has been one of the main reasons so that some of the media non-economic (or the media is concerned) Rogge and analyzed news unrealistic marred by lack of transparency in the transfer of news and analysis in accordance with the visions of a private intentionally or unintentionally hurt the Iraqi economy ».

In this Alnasiri notes «that the media and the economy in the multifaceted and enduring relationship a partnership, and they are in the same front to meet the challenges they face together, and if we assume that the economy can make flags successful it is certain that the media can also make an economy successful.»

The author continues to provide visions and Amaagath of the various challenges facing the economy and the banking sector of the Iraqi part of the rest of the seasons.


http://www.alsabaah.iq/ArticleShow.aspx?ID=110515

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