Al Nassiri: calls for the private banking sector representation in official economic delegations



07/10/2017


Alaktsad news-Baghdad


Banking and Economic Adviser called Samir Al Nassiri, Government to represent the private banking sector in official economic delegations and joint economic commissions with countries around the world.

Al Nassiri pointed out in an interview for "economy", that "despite all the calls for economic elites and representatives of the private sector involvement and give an active role for the private sector in the economic development process in the country.

Despite all attempts and efforts by some unions and organizations Which represent the broad economic sectors and funding if it is to allow them to contribute to the economic industry actually managed to achieve a genuine transition to sustainable development and help the Government achieve its plans and economic orientation.

And Al Nassiri said "unfortunately not accomplished over the past four years, a great deal of private sector case was limited to meetings of committees of the experience and listen to their visions and insights without reliance on this application is not required and that the private sector should be real representatives And those involved in the industry and take and apply strategic economic decisions.

Al Nassiri urged, "you are given a key role and is important for the private banking sector in development and investment as the financial sector in Iraq, but faces a clear lack of interest in this sector despite the isolated efforts by the Central Bank of Iraq in support and development of the banking business and provide Initiatives to revitalize its performance, which adversely affected the sector government agencies responsible for doubling the faith in the ability of the banking sector's funding to implement plans and programmes to internal and external economic cooperation with regional States and Arabic and all foreign official delegations And joint commissions with these countries did not include a representation of the banking sector and representative Iraqi private banks Association, reflecting the significant role limited look requires that private banks played in financing and investment especially since NIC finally invited through a Chairman Mr d Sammy Authorities need to develop a strategic plan for the contribution of Iraqi private banks with strong global banks shares for investment in development projects and strategy in Iraq. "

"The Government is preparing to launch a sustainable development plan for the years (2018-2030) and are seeing indicate a clear and essential role of the private sector in all areas and that that area is funding. Al Nassiri seal calling him "for stakeholders in the Government should consider a new look to deal with the private banking sector and to involve their representatives in the formal economic delegations and joint economic commissions with countries of the world and to be special funding sector and representative Iraqi private banks association exists in all Economic commissions in the Cabinet Secretariat and the competent ministries and national bodies for investment and reconstruction of the affected cities and the institutions related to economic development.

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