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Investors: the government's economic policy cause the migration of capital abroad

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BAGHDAD (Iba) ... Economists said the investors in the financial sector of Iraq that many of the top traders and owners of capital have begun to withdraw their funds deposited in the government and private banks Iraqi prelude to turn to foreign banks or Arab abroad for fear of any action is calculated may provide the government after the procedures carried out by about Shabibi Governor of the Central Bank of Iraq and a number of his aides weak arguments.

He added these economists, who did not want revealed their identities in remarks told the independent press (Iba), the banking sector in Iraq is no longer safe side, especially since the government, represented by its president Nouri al-Maliki aimed at controlling the sector and make it a tool malleable hands to favor and support regional countries such as Syria and Iran, which are suffering an economic blockade internationally as a result of their wrong policies in the region and the world, which is something which is not can it Shabibi who hold office with all the independence away from the dominance of the government and its interventions in the financial affairs of the Central Bank.

He stressed these to say that capital is coward and we have to anticipate events to maintain the capital our money from being lost or confiscated various arguments flimsy, adding that he does not have anything worth the risk for him to keep our money in Iraqi banks that not depend Modern methods of work and Atoakp global development happening in this area , and even projects or investments that we intend to participate, motivated by national, negating the need for adventure in a chaotic country where rampant bribery and rife corruption in all its aspects, in their own words.

These experts have criticized the monetary policy that wants to impose a government on the central bank, which did not occur any change to the fact the service and living of citizens in spite of reaching the state budget huge numbers equivalent to the budget of several countries combined.

The Iraqi government approved next year's budget of $ 118 billion, which is the largest of its kind in the history of Iraq.

The security forces were linked to Maliki's office had surrounded the building of the Central Bank yesterday and barred entry and exit from it and arrested 36 employees who were sentenced arrest warrants by the judiciary on corruption charges.

The Cabinet had voted a few days ago to exempt Central Bank Governor Sinan al-Shabibi from office and ask Abdul Basit Turki Prime BSA to manage the central bank to further notice, after the news that indicated the presence of suspicions of corruption in the work of the central bank and private sales dollar.

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