Abadi agreed to a proposal to restructure the specialized banks

Twilight News / said in the administrative board of the Central Bank of Iraq, a member of Thursday, the prime minister Haider al-Abadi agreed to a proposal by the Bank regard to the restructuring of specialized banks by a special committee.

Said Majid picture of Twilight News, "The central bank submitted a proposal to the Prime Minister to restructure specialized government banks has been to approve the proposed", adding that "the proposal includes the formation of a committee of the central bank from outside the bank consisting of professionals and specialists experts in charge of managing the subject of private loans 5-trillion dinars in cooperation with international investment funds and the Islamic Development Bank."

Suri said that "the proposed restructuring includes a specialized government banks, which has been working for 10 years without restructuring," adding that "the way they operate specialized government banks would be unable to project an optimal management of the 5 trillion dinars."

It was the Iraqi Central Bank, on Monday, the last largest financial lending operation worth 5 trillion dinars to support industrial and agricultural sectors in an effort to contain the economic crisis caused by the decline in the sale of oil prices in world markets.

The Iraqi government says that the fiscal revenue realized from the sale of oil the first six months of this year to cover all drained Salary expenses after the sale of Iraq at a rate of less than $ 16 per barrel, according to estimates by the budget law.

The International Monetary Fund forecast last month, the Iraqi economy growth of 0.5% by the end of this year, thanks to expansion in the oil sector, and increase the contraction of economic activity in the non-oil.