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Wilkes: Britain is a partner ready to help build Iraq
03/12/2017 12:00 AM [rtl]Alaq announces the launch of the deposit guarantee company Baghdad / Hussein Thugb Domestic and international approval of the direction of the Iraqi economy towards development, where security victories on terrorism followed the economic victories witnessed by all sectors began with the signs of the financial sector, which managed during the past three years to indicate despite the major financial and security challenges. Where the international and local figures in the conference and exhibition of the world specialized in banking, investment and financial services in Iraq, the reality of the economy is moving towards serving the development process, especially after the financial sector witnessed the adoption of advanced systems can be one of the rings that attract international investment effort . Wheel of Reconstruction Governor of the Central Bank of Iraq d. Ali al-Allaq said: "Iraq is moving to move the wheel of reconstruction, which requires keeping pace with the banking sector, which must perform its basic functions of financing and management of foreign and internal transactions, coincided with the monetary stability, which worked on the Central during the period of security and financial challenges, Inflation rates did not exceed 2 percent in addition to the stability of the exchange rate Currency ".ofatt that" central managed during the last period of the development oforganizational units to manage the work of the Central Bank as well as banks , the most important unit of risk management, as well as money laundering and the financing of terrorism law, as was done credit information center which protects the credit institutions base and individuals. " He said To develop the national payment structures and has advanced infrastructure that will work according to the best advanced standards and the establishment of the national division, which will perform works amounting to 15-16 trillion dinars per month. He pointed out that the coming days will witness the start of the work of the deposit guarantee company which documents the relationship between the citizen and the banking system Working to transfer the mass of cash condensed to banks. " Banking Administration The speech of the Secretary-General of the Cabinet Secretariat was read on behalf of the Council, which said that the conference is important and that the capital and the banking system are playing the most important roles to support the economy all over the world. The government has taken steps to increase the banking administration and issued a decision to leave cash and switch to electronic payment. Supporting the establishment of activities and seminars on the competent banks and attended a few days ago graduation ceremony of the program Tamkeen adopted by the Association of Iraqi private banks, especially as the banking sector is an investment promoter and the first platform for all economic activities . Positive cooperation British Ambassador John Wilkes noted that "the past period has witnessed great cooperation between Iraq and the international coalition and this strengthens cooperation in the field of politics and economy," pointing out that "this positive cooperation leads to strengthening cooperation between Britain and Iraq and we are working on preparing joint seminars to study the reality Closely". Among Wilks "Britain is looking to cooperate with Iraq to develop its sectors and the economy moving , " he said, adding that worse development in the financial sector , and he went a long way, and we look forward to strengthening the developmental aspects of active labor market and followed by Iraq for any future risk. " He said:" Britain A partner ready to help build Iraq, and we are encouraging the private sector to contribute to the reconstruction process, and there are international efforts ready to go to Iraq. " International relations The head of the Association of Iraqi Banks Wadih al-Hantal pointed out that "the banking sector during the three years managed to develop many of its joints in the standards of banking systems and the building of international relations and financial stability, and the transition from banking to development and the development of financial inclusion." He pointed out "the Tamkeen experience to train young people, of which 50 students graduated, 40 of whom were appointed." He stressed the importance of activating the role of the private sector to be able to develop and provide employment opportunities for all. "The World Bank representative stressed the importance of the Iraq reconstruction conference in Kuwait, which will focus on studying the improvement of the investment climate in Iraq and attracting international investments. The bank is working to provide loans next year for infrastructure projects in liberated areas and poor areas." "The existence of projects to promote the work of the central on the subject of governance and help the government on the subject of the settlement of salaries." Development axis of the Executive Director of the Association of Iraqi banks Ali Tariq pointed out that " the banking sector development was the result of plans and hard work for the development of the joints of the work in the important sector , which is the economic center of development, and that the Association has orientations to strengthen banking activities over the next year by focusing on cutting - edge systems and resources Human rights that promote private and public banks ". [/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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