This article is an interesting read "Cash"

11/19/2014 0:00

Yasser incumbent

Well done, while the Ministry of Finance revealed the financial hardship faced by the country was a wakeup call for the government departments to act in accordance with the available and possible and cut expenses to the extent of "austerity" and the reason is known as the drop in oil production and revenues and other reasons.

But economists say the need for continued investment spending and implementation of strategic projects for the sustainability of the effectiveness of the economy, and this requires large sums of money have to look at ways to provide, and meet the challenges that beset the national economy, how the owners of expertise and competence in providing liquidity thinks necessary?

Experts focus on the important and essential role of the banking sector at this stage, and believe that his ability to manage the liquidity in the event of supporting investment orientations in the financing of projects, and perhaps the proposed expert banking Mohammad Ali Jaber in the development of an institution to guarantee deposits is the optimal solution to provide a portion of the cash to be invested in the expansion of credit to cover the implementation of the projects.

To the lack of banking culture in general and to the culture of saving is especially so these re-institution of trust between the public and the banks what drives the public to deposit excess exaggeration in banks rather than Aktnazha at home and get rid of the risk of theft and damage God forbid.

Eight savings banks within the session is complete, will maximize its leverage as a banking expert Dr. wish. The appearance of Mohammed Saleh renamed believe the possibility of expanding the loan "credit" circuit conditions whenever available environment that supports this approach in the provision of banking and supportive environment here are intended to provide assurance to the public deposits, particularly in the private banks to face any failure Aujtr facing these banks.

So this call come to reduce the exposure of banks to the trusteeship and liquidation processes, experts believe that the time has come to enact a law department to ensure that bank deposits to encourage the public actions and converted from the case of the compactness of the money to the banking savings in a safe and comforting atmosphere, according to Saleh.

Eight on the government to deal with the banking system as a single market by diversifying their deposits at private banks, similar to government banks to enable the banks to provide liquidity to invest in lending to strategic projects.

So then provide liquidity and managed dynamically facilitates banking business on the one hand and then provides the funds required in the implementation of projects that will be affected by the reduction of the next budget allocations, and the other hand on the private banks to reconsider the nature of banking products, including offers a safe investment environment to help in the implementation of development programs, especially the government program has singled out a wide area to support the orientations of the transition Nhawwaguetsad market requirements of solid banks are able to provide and manage liquidity to the fullest.

It is natural that this institution would banks reputation among the public due to the failures of some of them to the extent that included the development of guardianship causing the effect on the reputation of the private banking sector, and the subsequent step requires the central re-private banks assess and be a safety valve for Dmantha front deposits of the public and the government alike.

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