Nusseiri calls for the representation of the private banking sector in official economic delegations

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Nusseiri calls for the representation of the private banking sector in official economic delegations

Post  Admin on Mon Oct 09, 2017 6:35 am



Aktazid News _ Baghdad

Economic and banking advisor Samir Al Nusairi called on the government to represent the private banking sector in official economic delegations and joint economic committees with the countries of the world.

In spite of all the attempts and efforts of some federations and organizations representing economic and financial sectors, Wide if allowed to contribute to the economic decision-making was able to achieve real transition in achieving sustainable development and help the government in the realization of plans and directions of bankruptcy.

"Unfortunately, this has not been achieved for the last 14 years," he said. "The private sector is invited to attend the meetings of the committees of experts and to listen to their views and perceptions without adopting them in practice. This is not required and the private sector should have its real representatives, Industry, take and implement strategic economic decisions.

Al-Nasiri urged that "the role of the private banking sector in development and investment as a financial sector in Iraq is given a key role, but this sector faces a clear lack of interest despite the unilateral efforts of the Central Bank of Iraq in supporting and developing the banking business and providing initiatives to stimulate its performance, Those who record negatively on the governmental sector responsible are weak faith in the ability of the financial banking sector to implement internal and external economic plans and programs in cooperation with regional, Arab and foreign countries. Therefore, all official delegations and joint committees with these For the countries did not include the representation of the private banking sector and its representative Association of Iraqi private banks, which reflects his view is limited to the large role that requires the private banks in financing and investment, especially that the National Investment Commission called recently through its President, Dr. Sami Araji to the need to develop a strategic plan for the contribution of private banks Iraq in partnership with international banks solid for the purpose of investment in development projects and strategic in Iraq. "

"The government is currently preparing to launch its sustainable development plan for the years (2018-2030), which is a vision that gives a clear role to the private sector in all fields.

He concluded by calling on the concerned parties in the government to consider a new look to deal with the private banking sector and to involve representatives in official economic delegations and joint economic committees with the countries of the world. The private finance sector and the representative of the Association of Iraqi Private Banks shall be present in all advisory advisory committees in the Secretariat of the Council of Ministers and Ministries. Competent authorities and national bodies for investment and reconstruction of affected cities and institutions related to economic development.

http://economy-news.net/content.php?id=9282

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