Member of the economy: government banks alone can not cover all the requirements of the economic process

Date: 10/01/2012 13:57:08 Monday



Baghdad (news) .. Said a member of the Committee on the economy and investment MP / coalition in Iraq / Nahida Daini, the inability of commercial banks government to fill the requirements of the investment process and economic alone in the country, due to lack of capital, calling for promoting open branches of international banks in Iraq to contribute to the economic development.

The Daini (of the Agency news) on Monday: The government banks of Bmusrfa Rafidain and Rasheed could not cover all the requirements of the economic process in the state grants advances percent salary or loans, because not meet ministries debts to these banks, what made their capital a few.

She pointed out: that there are a lot of borrowers are in "trouble" because they borrow money in installments to build houses for them in the middle of their children depends loan due to lack of sufficient funds, as well as the Ministry of Finance approves a lot of projects in the country and I deal with her money as a result of the lack of cover Mali's enough.

She added: that the investment environment of Iraq needs to international banks sober owns recapitalization high interference strongly to the Iraqi market to contribute to the development of the country's economy through granting of loans, stressing the need to grant the facilities and privileges to them to encourage them to open branches for them in Iraq. / End / 8. d. Q /


http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.ikhnews.com%2F