View Full Version : Fin Cmte Member: House responsible for underdevelopment of banking sector

Hue Mi
11-08-2013, 05:01 AM
Member of the Finance Committee: the House responsible for the underdevelopment of the banking sector (http://www.ikhnews.com/index.php?page=article&id=106885)


07-11-2013 04:50 AM

Baghdad (newsletter). Download the Finance Committee member MP/Kurdistan blocs Coalition/Jimmy, the Iraqi Council of representatives responsible for the underdevelopment of the banking sector, not legislation required domestic banks to develop its work.

He is capable of (News Agency): the Central Bank is not responsible for the successor to the banking sector, because the obligations and busy is how to develop and support the monetary policy of the country, particularly the sale of hard currency and the stability of the Iraqi dinar.

The House of representatives, specifically the representative committees of economy and finance, shoulder due to local banks not keeping pace with the evolution in global banks, unable to legislate a special law supports local banks, encouraging them to develop their work.

He added that Iraq needs an integrated and comprehensive banking sector works with modern electronic systems to accelerate development in the country. /finished/8 l. Eng.