Economist attribute the causes of failure of the Iraqi Stock Exchange to delay invest
Economist attribute the causes of failure of the Iraqi Stock Exchange to delay investment projects and the lack of capital of banks
On: Friday 03/23/2012 15:03
Baghdad (news) .. Ills, an economist as a beautiful cause failure of the Iraqi Stock Exchange to delay investment projects in the country, what led to the lack of heads of money in circulation in the Iraqi market for securities.
, said Jamil (for the Agency news) Friday: There are several factors led to the failure of the Iraqi Stock Exchange the most prominent delay projects construction, service, industrial and investment in the country, in addition to political rivalries among the parliamentary blocs, as well as for the delay in approving the budget, public finance, all of which lead to economic instability in the country and the instability index of the stock market and the evolution of the Iraqi Stock Exchange.
called beautiful to: the need to support and entrusting the important economic sectors Kalsnaaah, tourism and services and provide them with assistance as they need to have an active role in the development of the Iraqi economy and increase the heads of money in circulation in the Iraqi Stock Exchange.
He noted economic expert to: the role of banks in the stock market is very weak, especially private banks due to lack of their capital, This is due to the way they work and also to the type of relationship between them and the central bank, indicating that the central bank is set for the activity of banks, although they are private sector, but also subject to the supervision and influence its policies. / Finished / 8. n. r /