Member of the Finance Committee: the establishment of the Banking Development Body will support Iraqi economy

Posted: September 10, 2013 in Iraqi Dinar/Politics
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10-09-2013 12:45 PM

Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, the need to establish a body to be responsible for the development of the banks, the banking sector and linked to global banks.

Najib said (News Agency): the body dealing with banks is necessary to serve the banking sector, noting that it would be better if the work of the Central Bank’s monetary policy for the country development banks is the prerogative of the institution.

She added: the body on the banks of all countries of the world including Dubai, where he was a major influence on trade and economic development of States, indicating that the body would be responsible for promoting the banks and linking global banks functioning in addition to legislation and mechanisms to support the economy.

The Finance Committee earlier demanded the establishment of an independent body specifically for Iraqi banks are isolated from the Central Bank to support the development of the banking sector in the country

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