Law Deposit Insurance key to activate investments through banks

Law Deposit Insurance key to activate investments through banks

15/5/2016

While signaling a problem in the economic sectors in any of the developed world will be initiated to find outlets out of them with a description of treatments needed by the competent authorities.

Here economic teams start on a high degree of experience in the private and public sectors on the study of reality and description solutions. Often facing the global economies of several most important problems is the lack of financial funding for the productive sectors and services, and begin a journey to find deposits of cash assets inside or outside the country and are preparing plans and programs targeted at these reservoirs in order to employ them in the form that would benefit the economy in question. In Iraq today we face the problem of lack of financial funding for phrase important and vital projects that touches the life of society and raise the level of services provided, as well as supporting the national economy projects that are productive projects that can take a sustainable recipe. Today , aware that the monetary mass in homes compacta exceed 20 billion dollars , this is a great number of course and can contribute to achieving sustainable economic development and change the shape of the Iraqi economy while being transferred from homes to the banking system. We must be heading towards the countries of the developed world to stand up when their experiences in this detailed and adopted mechanisms lifted m n citizens ' confidence in the banking sector and became 90 percent of the cash masses traded at the disposal of the banking system. Iraq is in dire need to set up working teams from the relevant authorities do not harm if there is international participation, and this team will be important to find formulas to convince home to deposit their money in the private banking system and make them contribute to the real development process. As long as we define our real goal in Iraq to achieve sustainable development it must be supported by the work of the proposed legislation teams to ensure an effective deposit law contributes to the depositor reassured his money on the feeling and guarantees their rights. We are talking about a rich country is able to achieve a sustainable and effective development if coupled with the employment of financial aid action plans implemented strictly on the ground contribute to maximizing local capital and to activate the financial cycle that achieve a genuine plurality of resources. Iraq is a country apart from others countries in the world to possess the most important elements of making an effective and sustainable and influential economy regionally and internationally, but to initiate a point needed to achieve it, which in turn requires serious management and to achieve national development objective.

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Yes it is also giving them a reason to go to the banks and deposit their cash...an Rv will do it