Parliamentary power: the need to draw financial and monetary policies encouraging inward investment

Tuesday, November 15, 2016 15:31


BAGHDAD / Baghdadi Uz..cd for Oil and Energy Committee member of the Parliamentary beauty Muhammadawi, on Tuesday, the need to draw financial and monetary policies encouraging inward investment and that the banking sector takes a leading role in building the country.

He said Muhammadawi in a statement received / Baghdadi News /, that "we need a practical and accurate to the problems of the auction and the price rises solutions in cooperation with long experience of international organizations in this by drawing financial and monetary policies encouraging inward investment and that the banking sector takes a leading role in building the country."

"We must adhere to a more technical way and more precautions to prevent the phenomenon of fraud and manipulation by relying on modern electronic systems of the banking system and banking control, as in the developed countries in this much better than relying on the traditional mechanisms fields."

He pointed out that "the stronger US dollar against the Iraqi dinar has significant effects on the Iraqi income through aggravate the economic situation, especially for the Iraqi people and we are in a war with Daesh dire need of economic development and stable financial."

He stressed that "put the national interest over private interests and the need to play an active and accountable anyone who tries to damage the economy of Iraq, and is working on loosening the financial and economic situation" .anthy 21 / m

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