A member of the Economic Commission: You must set up a joint investment banks to support the economy

01-10-2013 10:23 AM


Baghdad (news) .. Confirmed a member of the Economic Committee MP / coalition in Iraq / Nora Albjara, the importance of the establishment of joint investment banks from the public and private sectors to support and develop the economy.

And said Albjara (of the Agency news): The banks of the joint work to revitalize the public and private sectors and expand the capacity and capital, as well as increased investment, indicating that the Iraqi banking sector did not reach the stage of development after.

She added: investors need to so banks to deposit large sums of money they need headings funds for business investment projects in Iraq.

She pointed out: that the deteriorating security situation is the biggest drawback to invest in Iraq, in addition to the economic laws need adjustments, flexibility and facilities to attract investors.

The participants in the conference of the Iraqi banking Gather on the need to move in order to overcome obstacles through partnerships between the private banking sector and the banking sector the government on the one hand and between them and international banks on the other. / End / 5.. /

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