A joint committee to mature Training Center Act monetary and banking

Admin Mon Jul 01, 2013 11:42 am

[ltr]Created on Monday, 01 June / July 2013 03:32 [/ltr]
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Baghdad / Orr News

The parliamentary Finance Committee raised the level of coordination with the Economic Commission for the completion of parliamentary bill Training Center monetary and banking. And a member of the Finance Committee said Magda Tamimi that "economic joint committee with the parliamentary process to provide a final report on the draft law center monetary and banking training next week."

She added that "the draft law project provides for the replacement of Banking Studies Center training center monetary and banking in the Central Bank of Iraq to develop technical and practical treatments for fiscal and monetary policy." It showed that "the center will be watching the decline and rise in the exchange rate of the Iraqi dinar and the nature of economic laws as well as the development of staff expertise in the banking sector."

And completed the Higher Committee overseeing the restructuring of State-owned banks in April / May last economic and technical studies necessary for the implementation of political restructuring.

Economists believe that re ھیكلة the Rafidain and Rasheed conditional on the legislative reform process for the banks, which is commensurate with the aspirations of the banking business in Iraq.

And holds the government banks 90% of the banking operations. The restructuring plan includes four axes banks, is Restructuring Cgalah and strategic re-evaluation of assets and re-audited accounts of banks and of the external auditor.[/ltr]

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