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Vice reason to change the pattern of savings culture in Iraq to attract about 150 trillion dinars
9/4/2015
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Vice reason to change the pattern of savings culture in Iraq to attract about 150 trillion dinars
BAGHDAD / ... called for the economic and investment commission member of the parliamentary proof Mamouri, Thursday, to an educational campaign among the citizens to change the patterns of financial savings so as to ensure additional liquidity to the government in light of the financial crisis and achieve a return to savers enriches them unsafe for speculation.
Mamouri said in a press statement received "eye Iraq News," The nature of savings culture among Iraqis has been and continues to rely style of what is known as freezers monetary policy resorting either to buy gold jewelry or keep money in cash or real estate speculation.
He said, that the financial and economic developments in the world and followed up at the level of countries of the region, especially the Gulf countries devised means guaranteed and quick to take advantage of these savings within adequate investment frameworks for its development during short periods and to achieve an additional yield of the citizen and contribute to the economic development of the country.
And between, that among the means of attracting citizens' savings to cover the development plans is the planning for strategic projects implemented by asking the project contributed to subscribe to Algmehmor directly and use the money in implementation also resorted to the Egyptian government in the implementation of the second Suez Canal, which is now owned by the Egyptian citizen project and said that the destination the other is to increase the volume of interest in investment banks as the case in some countries in the region like Iran, which encouraged its citizens to save their money in banks by raising its annual earnings ratio remarkable that the interest in which they operate our banks do not encourage citizens to have a savings rate.
He drew Mamouri, the attention of the government and the concerned financial and development matters that recourse to such savings cultures will reflect positively on the Iraqi economy through the exploitation of nearly 42 trillion dinars in circulation currently on the market added to 45 billion other dollars also sandwiched between citizens and the sector Almsrvi.anthy 1
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9/4/2015
Thank you to one of our followers... His or her comment
If you wish to give credit for an article, please give credit to 'one of your followers'.
Finding articles of value that you have not already posted is difficult! What a compliment....we thank you
Vice reason to change the pattern of savings culture in Iraq to attract about 150 trillion dinars
BAGHDAD / ... called for the economic and investment commission member of the parliamentary proof Mamouri, Thursday, to an educational campaign among the citizens to change the patterns of financial savings so as to ensure additional liquidity to the government in light of the financial crisis and achieve a return to savers enriches them unsafe for speculation.
Mamouri said in a press statement received "eye Iraq News," The nature of savings culture among Iraqis has been and continues to rely style of what is known as freezers monetary policy resorting either to buy gold jewelry or keep money in cash or real estate speculation.
He said, that the financial and economic developments in the world and followed up at the level of countries of the region, especially the Gulf countries devised means guaranteed and quick to take advantage of these savings within adequate investment frameworks for its development during short periods and to achieve an additional yield of the citizen and contribute to the economic development of the country.
And between, that among the means of attracting citizens' savings to cover the development plans is the planning for strategic projects implemented by asking the project contributed to subscribe to Algmehmor directly and use the money in implementation also resorted to the Egyptian government in the implementation of the second Suez Canal, which is now owned by the Egyptian citizen project and said that the destination the other is to increase the volume of interest in investment banks as the case in some countries in the region like Iran, which encouraged its citizens to save their money in banks by raising its annual earnings ratio remarkable that the interest in which they operate our banks do not encourage citizens to have a savings rate.
He drew Mamouri, the attention of the government and the concerned financial and development matters that recourse to such savings cultures will reflect positively on the Iraqi economy through the exploitation of nearly 42 trillion dinars in circulation currently on the market added to 45 billion other dollars also sandwiched between citizens and the sector Almsrvi.anthy 1
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