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Suhail calls on World Bank to support economic reform in Iraq

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dealerdean


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Alsumaria News / Baghdad Search First Deputy Speaker of Parliament Qusay al-Suhail, on Thursday, the development of the banking sector and banking systems in Iraq and the development of its human with a delegation from the World Bank. 's office said Suhail said in a statement, issued today, and received "Alsumaria News", a copy of which, "The First Deputy Speaker of Parliament Qusay al-Suhail, today received a delegation from the World Bank and discussed with them a number of issues concerning the banking sectors, "noting that" al-Suhail stressed the importance of the development of the banking sector and banking systems in Iraq commensurate with the size of the development of banking in the developed countries " . According to the statement, stressed Suhail "the importance of the continuation of the contribution of the institutions of the World Bank in efforts by the state for economic reform", expressed the readiness of Parliament for "providing any support contributes to the success of the steps of the World Bank in Iraq." He Suhail that "Iraq has the potential distinct human in all areas, including the banking industry which need to be developed in order to keep pace with the progress in these banking systems, "pointing out that" the banking system in Iraq needs to develop and legislation contribute to the progress of work in it. " It was the Iraqi Finance Ministry announced on Thursday , it had agreed with the World Bank to train cadres and rehabilitation of banks, stressing that the Convention will enter into force in the coming year of 2014. noteworthy that the Central Bank Governor Abdul-Basit Turki said, on Wednesday (November 27, 2014), that Iraq needs to change the mechanisms of action of banking and that the advance in this area, noting that the challenges facing the banking business in Iraq can be overcome.



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