Indirect financial investments support retirees and minors


Baghdad / Mustapha Hashemi requires the achievement of social financial benefits and benefit from them in the best picture Intensify efforts in the diversification of investments to the retirement services and the protection network and the care of minors because they are in need of growing to maximize their profits to be distributed among beneficiaries through indirect investments in auctions of remittances of the Treasury and the Central Bank also contribute to investment funds Retirees in this aspect being a guaranteed and low risk investments. The economic researcher Firas Amer said in an interview with "Sabah" that such kind of investment is the content of profits because it is characterized by a few risks.

The Ministry of Finance and the Central Bank organize auctions for the sale of bonds issued by the Ministry and the Central Bank, which are sold at a discount or interest. Amer pointed out that the auction of central bank transfers often involve the departments of minors and retirement in order to maximize their resources through the purchase of treasury remittances of the Ministry of Finance and central bonds sold at a multiple interest rate and a certain discount rate, as well as the entry of a number of banks in this auction. Based on the public debt, which authorized the Ministry of Finance issued remittances Treasury guaranteed by the Government Act, the Central Bank, being financially to the ministry agent, manages auctions remittances government treasury on behalf of the ministry , which, according to the determinants of the annual budget law, issuing money orders treasury for funding government .

The objective of the investment, whether direct or indirect, is to achieve the appropriate return and profitability, as well as to maintain the original capital by focusing on the least risk, in addition to the continuity of income and increase at a pace away from turmoil and decline, in addition to ensuring liquidity. The economic researcher stressed the importance of indirect domestic investment and maximizing the financial resources of the public sector, calling for reconsideration of the laws and regulations of indirect investment of the private sector in non-Iraqi securities to achieve the economic benefit of the country.


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