Parliamentary Economy: Giving a real role to private banks and the private sector will develop the Iraqi economy

A member of the Committee on Economy and Investment parliamentary, Mahdi Al-Hafiz, Saturday, to build the Iraqi economy strongly by giving an effective role to the private sector and private banks, stressing the need to activate the principle of partnership between the public and private sectors.

 Al-Hafez said during his speech at the first conference of the National Development Plan 2018-2022 held by the Ministry of Planning in cooperation with the program of development of local areas, and attended by "Economy News", "The views built by the Central Bank in 2003 did not adopt enough picture of fiscal policy, Due to exceptional circumstances. "


Al-Hafiz called for "a global standardization process to determine who qualifies to enter the currency sale window." "Building a strong and strong economy should have an effective role for the private sector and private banks," he said.

He stressed the need to "activate the principle of partnership between the public and private sectors and enter the private sector to work in industry and benefit from state funding."


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