Friday 18/05/2012
Baghdad (news) ..
Finance Minister Rafie al-Issawi, said that the private sector more
freedom in completing projects in the country, stressing that the
government can not create jobs.
Issawi said in a statement singled out by the Agency (news): it is necessary to start the private sector and the banking sector in a genuine partnership with the government, in cooperation with the private sector and this is what the text of the Constitution.
And Issawi: that, despite all the budgets provided by the Government in general and the Finance Ministry to other ministries, in particular, remain the hands of the private sector more freedom and more bureaucracy to reach the completion of projects and job creation especially as the country is now experiencing thirst large part to the implementation of projects large and small where .
The al-Issawi: that the government can not all the way to cover all the projects and create jobs and economic balance so we believe that the leadership of the private sector in particular with regard to the banking sector to embrace the investment is something positive and healthy as infrastructure investment, a goal must be to combine government agencies to support .
It is noteworthy that Iraq declared earlier to postpone the program for restructuring the financial system of Iraq until the year 2013, which included the restructuring of the largest banks Iraqi owned by the state and are the Rafidain and Rasheed, and restructuring of the Audit Department at the Central Bank and the development of the private banking sector.
The Central Bank of Iraq, said in November of the year 2010, that foreign banks operating in Iraq do not work independently, but under the umbrella of the banks, local community, indicating that the investments of the regional countries in Iraq with a commercial character and lacking in international standards. / Finished / 3. j. N /
Issawi said in a statement singled out by the Agency (news): it is necessary to start the private sector and the banking sector in a genuine partnership with the government, in cooperation with the private sector and this is what the text of the Constitution.
And Issawi: that, despite all the budgets provided by the Government in general and the Finance Ministry to other ministries, in particular, remain the hands of the private sector more freedom and more bureaucracy to reach the completion of projects and job creation especially as the country is now experiencing thirst large part to the implementation of projects large and small where .
The al-Issawi: that the government can not all the way to cover all the projects and create jobs and economic balance so we believe that the leadership of the private sector in particular with regard to the banking sector to embrace the investment is something positive and healthy as infrastructure investment, a goal must be to combine government agencies to support .
It is noteworthy that Iraq declared earlier to postpone the program for restructuring the financial system of Iraq until the year 2013, which included the restructuring of the largest banks Iraqi owned by the state and are the Rafidain and Rasheed, and restructuring of the Audit Department at the Central Bank and the development of the private banking sector.
The Central Bank of Iraq, said in November of the year 2010, that foreign banks operating in Iraq do not work independently, but under the umbrella of the banks, local community, indicating that the investments of the regional countries in Iraq with a commercial character and lacking in international standards. / Finished / 3. j. N /