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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
January 30th, 2012 09:05 am · Posted in NEWS (Iraq & World Currency)
Baghdad (news) .. 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.
Obaid said in a statement to the Agency (news) on Monday: that Iraq today is suffering from underdevelopment mindset of the characters that Taatbu positions economically sensitive in the country, stressing that they applying the principle of “the person inappropriate 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 the diagnosis of these cases and about illiterate for professions 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.
and that 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 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 banking sector and private encouragement to deal with him by government departments, the fact that he has an active role in the construction, development and construction to start the.
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January 30th, 2012 09:05 am · Posted in NEWS (Iraq & World Currency)
Baghdad (news) .. 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.
Obaid said in a statement to the Agency (news) on Monday: that Iraq today is suffering from underdevelopment mindset of the characters that Taatbu positions economically sensitive in the country, stressing that they applying the principle of “the person inappropriate 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 the diagnosis of these cases and about illiterate for professions 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.
and that 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 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 banking sector and private encouragement to deal with him by government departments, the fact that he has an active role in the construction, development and construction to start the.
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