Field accounts and harvest threshing floor
[rtl] Mohammed Sharif Abu Mayssam
in April 2015 passed the Committee on Economic Affairs in the Council of Ministers ofdeposit money banks , part of the Rafidain and Rasheed , and the Iraqi trade among private banks. On the grounds that the money supply frozen in the cabinets of both banks can be invested to contribute to the recovery of the market and taking them out of the recession if it has been recycled in a
positive way .
It can also have private banks transferred to the banking business in which the rise ofcredit rates and contributes to real development climates where the money spin without industry developed stop for activating the real sectors and other chock them.
However, this has not materialized despite more than a year for several reasons, in theforefront, the unwillingness of private banks to go into credit risk to raise rates , which barely remember a lot of private banks that rely since its inception to buy and sell thedollar at the central bank auction and the proportion of nocturnal investment interest in achieving profits.
It is therefore not prepared to fulfill their obligations under about those deposits that will mean paying more money to pay the benefits of those deposits, and at the same time ,feel free to departments of government banks in raising Aadaatha rates private banks for non - economic feasibility can not be that the interest rate of up to private banks cabinets on these deposits for more than approved in night investment interest rates despite a decline in value in the years
not to mention the risk of such deposits with the delay in the birth of the deposit Insurance Act It is still in the House of Representatives to include, as well as what isknown about the government banking work that prevails his performance bureaucratic patterns and methods of patronage and clientelism and subsist on vocabulary parasites corruption, which means that the entry of government banks in such a pattern of transactions will not be the beneficial at the time , which may result in the creation Additional responsibilities are indispensable, along with the lack of trust between theparties based on the government 's banking sector administration and between departments (private banking boutiques.)
many of the problems experienced by the Iraqi economy at the current stage we can find her theoretical solutions with ease, however, go into in applications makes this a very difficult solution details and often ends enforcement mechanisms to neglect and extinction, and this explains the large number of issuing decisions in our country without moving the wheel of life, which explains the large number of theories without access to the paths of realistic solutions.
how many times have recommended to the economic Committee in the Council ofMinisters to intensify efforts by private banks on educating citizens to deposit their money in banks rather than keep them inside the house, and the strengthening of trust between the citizen and the banks, and how much has urged in its private banks to create partnerships with international banks for the purpose of enhancing its developmental role in the economic arena and create investment opportunities and thus run the workforce unemployed.
from this point of view , the government optimistic about finding solutions and outs offinancial and economic crisis plaguing the country and we are at war with terrorism Advisory The vision emphasizes that solutions are available according to the financial and economic data that indicate a gradual transition towards a market economy and toentrust the task of file management economic private sector in conjunction with thecompression of public expenditures and attempts to increase non - oil revenue policy.
but the reality collides with numerous obstacles that stand in the forefront of which theproblem of the lack of a real private sector is aware of his duties and rights, as well as human resources patting bureaucracy and utilitarian patterns in the social and cultural contexts REO lot of imbalances that contribute to obstruct the wheel of life rotation.
in this context , the idea of launching 5 trillion dinars for the specialized banks by thecentral bank since November 2015, and was optimism at its most intense, as it was necessary to accelerate the launch of these loans electronically to contribute to the move the trades and transactions in the local Alosouk, and ensure access these loans to their goals, and we welcome June and human energies that entrusted her to grant these loans file a spin in a closed spiral, we are able to manage this file electronically and are courageous enough to recognize the inability and step aside to leave the matter ofhuman energies
as attempts are being made to convince the authorities of existing loans from the futility of granting these loans electronically and persuade it to release of loans to manually enable the parasites and users and opportunists from the domination of these loans and denying workers the real ones sectors.
then go valid optimism in the project of the Central Bank loan banks specialized gone unheeded , as the optimism in the idea of deposit money banks , Rafidain and Rasheed , and the Iraqi trade among private banks.[/rtl]