Adoption of corporate governance improves the payments system
12/28/2013 0:00
Expand work out positively affect foreign trade, banking
Baghdad, Mustafa al-Hashemi,
Iraq is seeking to expand the use of advanced technology in the economy to improve the payments system, which will be reflected in Aijaahaly business dealings external and internal, after he embarked on a number of departments of ministries using corporate governance as well as a number of other banks and offices banking civil to complete transfers and delivery of the employees' salaries. In this regard, said economic expert Hilal Taan: The adoption of corporate governance in the ministries raise the efficiency of the economy and reduces the time and effort in commercial transactions, banking and improve the system of payments DPS which is an acronym for Definition of payment system. added Taan told ( morning) that Iraq other in improving the payments system and the adoption of modern systems in a number of ministries after it adopted this system and has trained a number of employees on e-governance as well as the central bank began this step in order to improve the payments system. explained that the adoption of the regimes of modern banking and the application governance are required to keep pace with the global development, but the circumstances of the country affect the extent of progress in this area, pointing out that there is a possibility for the introduction of corporate governance in the field of commerce and government transactions of buying and selling to private traders after it is expanding the system of governance on all circuits. pointed Taan that a number of government departments adopted the system of governance in the completion of transactions of the citizens as a circle passports, which led to mitigate the time and effort on the staff, as well as that of government banks and banking offices in Baghdad and the provinces operating system itself. between economic expert, the importance of expediting the improvement of the payments system to include the area trade being will contribute to the reduction of corruption goods are perishable and non-survival at border crossing points for a long period, as well as it will ensure the speed of arrival of goods at the time of the fastest after he is making deals with traders or foreign companies and contact them through the Internet and agreed to buy what they want from exhibits on their websites and know the e-commerce (e-commerce) as business activity across computer systems in the Internet and associated growth growth techniques movement of Finance and the extent of safety and ensure their security. divided e-commerce into three types: · E-commerce between businesses, companies and between companies and customers and between the customers and the customers.For his part, economic researcher improve on the need to adopt new mechanisms for the implementation of the policy of economic reform, the adoption of electronic systems and advanced programs. Ali said in a statement to the (morning) that the policies of economic reform, requiring speed up the adoption of new technologies and the computerization of information because the work according to priorities in identify the needs of the community also comes within the reform policies, as well as operate on the principle of feasibility studies, stressing that the adoption of e-governance would rise by the economy being will depend directly on the handle automatic rather than manual, which prevents tampering and documents and official papers task. added that Iraq has the ingredients significant economic should be managed wisely to achieve growth and the transition to a market economy through the enactment of legislation and appropriate laws, along with a change in accounting systems, regulatory, financial and banking introduction of trading systems, electronic. pointing out that the transition from a totalitarian to the stage of market economy experienced by many countries, and surpassed the experiment after several years. adding that Iraq is now going through this phase and move completely to a market economy takes additional years could be reduced by using digital technology in trading interfaces between the citizen and government departments, and a culture of trading money-mail through smart cards instead of total reliance on cash. pointed economic researcher that governance in the case of fully implemented will lead to the development of financial markets, also through the protection of investors, and the protection associated with efficient governance, which allows the development of financial markets and the efficient allocation of capital by companies. continued result is important to analyze the needs of the market financial investor protection, appear rooted in the legal structures in each country Valthasin marginal does not result in a degree necessary to protect the investor, by contrast, there are legal systems emphasizes investor protection. called for improving the training programs to allow the ability to acquire skills and scientific process and increase the validity of the work in the public sector, especially Hence the development of the private sector which needs one day after another that supports the government sector these systems for the advancement of the economy and keep pace with global developments taking place in this field
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12/28/2013 0:00
Expand work out positively affect foreign trade, banking
Baghdad, Mustafa al-Hashemi,
Iraq is seeking to expand the use of advanced technology in the economy to improve the payments system, which will be reflected in Aijaahaly business dealings external and internal, after he embarked on a number of departments of ministries using corporate governance as well as a number of other banks and offices banking civil to complete transfers and delivery of the employees' salaries. In this regard, said economic expert Hilal Taan: The adoption of corporate governance in the ministries raise the efficiency of the economy and reduces the time and effort in commercial transactions, banking and improve the system of payments DPS which is an acronym for Definition of payment system. added Taan told ( morning) that Iraq other in improving the payments system and the adoption of modern systems in a number of ministries after it adopted this system and has trained a number of employees on e-governance as well as the central bank began this step in order to improve the payments system. explained that the adoption of the regimes of modern banking and the application governance are required to keep pace with the global development, but the circumstances of the country affect the extent of progress in this area, pointing out that there is a possibility for the introduction of corporate governance in the field of commerce and government transactions of buying and selling to private traders after it is expanding the system of governance on all circuits. pointed Taan that a number of government departments adopted the system of governance in the completion of transactions of the citizens as a circle passports, which led to mitigate the time and effort on the staff, as well as that of government banks and banking offices in Baghdad and the provinces operating system itself. between economic expert, the importance of expediting the improvement of the payments system to include the area trade being will contribute to the reduction of corruption goods are perishable and non-survival at border crossing points for a long period, as well as it will ensure the speed of arrival of goods at the time of the fastest after he is making deals with traders or foreign companies and contact them through the Internet and agreed to buy what they want from exhibits on their websites and know the e-commerce (e-commerce) as business activity across computer systems in the Internet and associated growth growth techniques movement of Finance and the extent of safety and ensure their security. divided e-commerce into three types: · E-commerce between businesses, companies and between companies and customers and between the customers and the customers.For his part, economic researcher improve on the need to adopt new mechanisms for the implementation of the policy of economic reform, the adoption of electronic systems and advanced programs. Ali said in a statement to the (morning) that the policies of economic reform, requiring speed up the adoption of new technologies and the computerization of information because the work according to priorities in identify the needs of the community also comes within the reform policies, as well as operate on the principle of feasibility studies, stressing that the adoption of e-governance would rise by the economy being will depend directly on the handle automatic rather than manual, which prevents tampering and documents and official papers task. added that Iraq has the ingredients significant economic should be managed wisely to achieve growth and the transition to a market economy through the enactment of legislation and appropriate laws, along with a change in accounting systems, regulatory, financial and banking introduction of trading systems, electronic. pointing out that the transition from a totalitarian to the stage of market economy experienced by many countries, and surpassed the experiment after several years. adding that Iraq is now going through this phase and move completely to a market economy takes additional years could be reduced by using digital technology in trading interfaces between the citizen and government departments, and a culture of trading money-mail through smart cards instead of total reliance on cash. pointed economic researcher that governance in the case of fully implemented will lead to the development of financial markets, also through the protection of investors, and the protection associated with efficient governance, which allows the development of financial markets and the efficient allocation of capital by companies. continued result is important to analyze the needs of the market financial investor protection, appear rooted in the legal structures in each country Valthasin marginal does not result in a degree necessary to protect the investor, by contrast, there are legal systems emphasizes investor protection. called for improving the training programs to allow the ability to acquire skills and scientific process and increase the validity of the work in the public sector, especially Hence the development of the private sector which needs one day after another that supports the government sector these systems for the advancement of the economy and keep pace with global developments taking place in this field
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