Discuss the economic problems between the Centre and the region



17/10/2016 13:46


Round table examined the possibility of logical solutions to economic problems between the Centre and the territory which primarily double tax waidaat private banks in the territory that has been occupied for years.

Recent table in the presence of official and private sector dominated much optimism real solutions to most problems lingering speculation that the Prime Minister Haidar Al-Abbadi directives after the visit, President of the Kurdistan region Massoud Barzani to Baghdad.


Convergence and optimism

President of the Center for advancement of development policies, Dr Mahdi Hafez stressed in the interview for "morning" on the importance of finding solutions to several economic problems between the Centre and the most important double taxation, in particular they carry negative effects on economic reality, pointing out that the visit of the President of the region of Baghdad, comes an emphasis on convergence and that the solution to all problems Pat enabled, this evolution serves national economy adversely due to declining prices of crude oil on world markets has led to declining financial resources of the country.

Private banks working on the expansion of bank products and adopting new behaviors attracting and maximize financial filings in its coffers after a citizens ' confidence in banks because some banks faltered.

Concerning financial deposits in banks Kurdistan Al-haafiz said: that these deposits her privacy and not be disposed of by anyone even faces the State trajectory control of deposits, noting that non-citizen confidence in banks make 70 percent of the domestic money supply chunky in homes without any benefit.


Contain outstanding problems

Either the Kurdistan region's economic adviser Dr Aras koshnaw noted trifles on the problem of deposits in banks in the territory and there are new developments can be described as good and aimed to contain this problem once and for all.

He pointed out that put the financial deposits in banks County discusses the convergence will soon address the financial file create better atmosphere, noting that private banks to improve its image and works to build bridges of trust with the beneficiaries and to provide services economic viability for both ends of the process.

The Kurdistan Regional Government had placed a hand on the balances of bank branches have mostly big banks branches in Baghdad.

And koshnaw importance to work in cooperation with the Association of private Iraqi banks to create awareness of banker and urge expansion of banking products which must support media campaigns Specialized.

He noted the need to enhance technical capacities and private banks to compete with international banks then moving to localize salaries in these banks, indicating that these sophisticated banking products call for the need to find acceptable internationally and regionally.


Critical mass chunky

The President of the Association of banks, said meek ist alhantal: the banking culture is extremely important and must be encouraged to deposit in banks, noting that the dollar's rise is causing loss of money stashed away in Houses.


Localize salaries

He urged the strengthening of genuine partnership between the public and private sectors in order to achieve real economic viability in various production and service sectors, pointing out that strengthening the productive capacities of small and medium-sized enterprises requires localize salaries in private banks to be a guarantor for the loan and leverage to streamline funds designated purposes.


Abril market manager for securities Shirawan Anwar Mustafa noted the importance of restoring confidence between beneficiaries and banks and creating elements attract funds from houses to banks, where deposits represent the spirit and basis of banks work and a double benefit to both sides of the process, the success of the Bank's work which represents companies doing business stock market and attract global capital to invest locally and that is an achievement. He demanded that the resettlement of salaries in private banks under Central Bank programs

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