Indirect financial investments support retirees and minors

Baghdad / Mustafa al-Hashemi
Achieving the social financial benefits and benefiting from them in the best way intensify the efforts in diversifying the investments of the retirement services and the protection network and the care of the minors as they are in need of increasing their profits to distribute them among the beneficiaries through indirect investments in the auctions of remittances of the treasury and the central bank. This also contributes to investments of pensioners' funds in this regard. Being a secured and few investments
Love.
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 remittances of the Central Bank often involve the departments of care of minors and retirement in order to maximize their resources through the purchase of treasury remittances of the Ministry of Finance and central bonds, which are sold at a multiple interest rate and a certain discount rate, in addition to the entry of a number of banks in this
Auction.
According to the Public Debt Act, which authorizes the Ministry of Finance to issue treasury transfers guaranteed by the Government, the Central Bank, as the financial agent of the Ministry, manages treasury treasury auctions on behalf of the Ministry, which, according to the limits of the Annual Budget Law,
Government.
In the opinion of specialists that the objective of investment, whether direct or indirect, it comes to achieve the appropriate return and profitability appropriate, as well as maintaining the original capital by focusing on the least risk, in addition to the continuity of income and increase at a pace away from the turmoil and decline,
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.
The issue of indirect investment in the stock sector and the stock market as well. The Iraqi stock market is witnessing the presence of foreign investors, who are trading in a distance, shares in the stock market selling and buying at a time when trading on domestic investors experienced and old in the market, while still The public prefers direct investment in assets
Fixed.

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