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Agency news - 30/01/2012
President of the Bank of the economy: intellectual backwardness of the leaders of the cause of the economic process of the deterioration of the banking sector in Iraq
Revealed the chairman of Bank of the economy Husam Obeid for the existence of intellectual backwardness of the characters, which leads the economic process in the country, which led to the deterioration of the banking sector in Iraq.
The Prime Minister said today that Iraq suffers from mental retardation to the characters that Taatbu economically sensitive positions in the country, stressing that they applying the principle of "inappropriate person in the right place", through the decisions of others supportive of the Iraqi economy in general and the banking sector in particular.
Obaid said: should the federal government that these cases are diagnosed illiterate and away from occupations in order to promote the economic process and its development, noting that there are conflicting decisions made by officials lead to confuse the economic process in the country.
He said the most important obstacles that stand in front of the work of Iraqi banks is the inconsistency of decisions and instructions issued by the Central Bank and the Ministry of Finance, through the issuance of a decision by the Ministry of Finance not to deal with private banks because they are not disciplined, and the Central Bank underlines the need to deal with it, which led to a decline in banking business in Iraq.
He called the chairman of Bank of the economy to support the Iraqi private banking sector and encouragement to deal with him by government departments, the fact that he has an active role in the construction, development and construction of the LAPD.
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President of the Bank of the economy: intellectual backwardness of the leaders of the cause of the economic process of the deterioration of the banking sector in Iraq
Revealed the chairman of Bank of the economy Husam Obeid for the existence of intellectual backwardness of the characters, which leads the economic process in the country, which led to the deterioration of the banking sector in Iraq.
The Prime Minister said today that Iraq suffers from mental retardation to the characters that Taatbu economically sensitive positions in the country, stressing that they applying the principle of "inappropriate person in the right place", through the decisions of others supportive of the Iraqi economy in general and the banking sector in particular.
Obaid said: should the federal government that these cases are diagnosed illiterate and away from occupations in order to promote the economic process and its development, noting that there are conflicting decisions made by officials lead to confuse the economic process in the country.
He said the most important obstacles that stand in front of the work of Iraqi banks is the inconsistency of decisions and instructions issued by the Central Bank and the Ministry of Finance, through the issuance of a decision by the Ministry of Finance not to deal with private banks because they are not disciplined, and the Central Bank underlines the need to deal with it, which led to a decline in banking business in Iraq.
He called the chairman of Bank of the economy to support the Iraqi private banking sector and encouragement to deal with him by government departments, the fact that he has an active role in the construction, development and construction of the LAPD.
[You must be registered and logged in to see this link.]
