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Government: our banking system can not meet the needs of the country .. and central asserts: our outweigh the potential challenges Walt

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08/07/2013 (00:01 pm) -

Government: our banking system can not meet the needs of the country .. and central asserts: our outweigh the potential challenges Walt

 Baghdad / Presse term and agencies

Prime Minister Nuri al-Maliki, yesterday, that the Iraqi banking system can not meet all the needs of the country, stressing that the Iraqis are still suffering from a significant lack of services, while a
Central Bank President Agency Abdul Basit Turki that the potential of Iraq outweigh the challenges we face
and Maliki said in a speech him during the celebration organized by the Trade Bank of Iraq on the occasion of the tenth anniversary of its founding and attended (range Press), "The bank opened new avenues for trade in the country, and after that became a partner with the international banks in the development of trade relations and business banking, including aspiring to him Iraq from the advancement of urban and investment. "
Maliki said that "the establishment of Bank of Iraq was to reduce the weight of the item VII, which under the Iraqi economy, after that it was necessary for Iraq from the window of deals which with the world."
He said al-Maliki "as was the establishment of the bank to find a window to support the private sector in order to promote Besides the public sector in the process of construction, reconstruction and investment, as well as meet the necessities that you need to process the infrastructure of the country because of the wars of the former regime. "
Maliki confirmed that "the Iraqi banking system is unable to meet all the needs of the country, in spite of the pieces come a long way and putting foundations stable. "
and noted al-Maliki that "raising the provisions of Chapter VII is an important step in the way of raising investments in the country," praising the role of the "international community through the cooperation of the Security Council and the countries that stood by side Iraq to raise these harsh judgments about our economy, and that led to the decline in Iraq's oil production to less than one million barrels. "
He Maliki "After Iraq would emerge from these provisions and restore the world's confidence in our economy, we urge the pace towards the two main issues are the reconstruction and construction, trade, oil and gas, as well as work on multiple sources of income of Iraq through activating tourism and industry . "
He Maliki that "the Iraqi people suffered greatly from lack of services and continues to suffer," stressing the need to "match the services provided with the wealth enjoyed by Iraq's rich, through the use and optimum use of the country's wealth, and draw a clear policy to promote."
of For his part, the President of the Central Bank and Agency Abdul Basit Turki that the potential of Iraq outweigh the challenges we face, pointing out that the near future will be a surprise, while pointing out that Iraq is open to all who wish to invest and rebuild the institutions in the country.
said Turki in a speech during the ceremony that "months assigned to it in the management of the Central Bank of Iraq, I can tell them that our capabilities far outweigh the challenges that we face, "he said, adding that" the near future will be a surprise. "
said Turki that "delegations of representatives of the major banks in the world visited Iraq during the last period to begin to exercise their activity in the Iraq, "stressing that" Iraq is open to all who wish to invest and rebuild the institutions in the country. "
and TBI is the Bank government, was founded in Baghdad in July 2003 for the purpose of facilitating trade facilitation Iraqi Foreign Affairs and the reconstruction of Iraq after the United Nations oil-for-food and owned fully in favor of the Iraqi Ministry of Finance, and in a short time period saw the bank's rapid development and significant and tangible as a banking effective structures in which a network of relationships with the top 134 banks in the world covering the various continents.
was Iraqi Prime Minister Nuri al-Maliki, described in a speech after vote the Security Council to remove Iraq from Chapter VII, in (June 29, 2013), that the decision is "an important step to restore the status of Iraq's international," stressing that the international resolutions "has become one of the past," While considered that Iraq "has become liberally" restrictions imposed because of the "follies" of the former regime, appealed for all countries in the region and the world to "extend the hand of friendship," and stressed that "Iraq can not be involved in the policy of axes and polarizations."
The Secretary-General of the United Nations Ban Ki-moon, called in , (18 June), an end to the sanctions imposed on Iraq since the invasion of Kuwait in 1990 under Chapter VII of the Charter of the United Nations, noting in a report submitted to the UN Security Council, the governments of Iraq and Kuwait "أبدتا seasoned and respected in removing the effects of that invasion."
The Iraqi foreign minister, Hoshyar Zebari, called in (13 June 2013), the United States and Britain, through their ambassadors in Baghdad, Robert Stephen Beckerovi, Simon Collis, to support Iraq out of Chapter VII, as he emphasized the pursuit of Baghdad to expand its consultations with the members of the Board Security Council to help and support Iraq in its quest, after a day of visiting Kuwaiti Prime Minister Jaber Mubarak Al-Hamad Al-Sabah, to Baghdad at the head of a ministerial delegation large, and the Declaration Zebari, in a joint press conference with Kuwaiti Foreign Minister Sabah Khaled Al-Sabah, that Iraq had fulfilled all of its obligations incurred by him in the seventh chapter with Kuwait and will move to Chapter VI, noting that Iraq has signed agreements with Kuwait, six in all fields, as pointed Kuwaiti Foreign Minister said his country would be the United Nations of the need to exit Iraq from Chapter VII.

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