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[size=36]Financial Inspector announces extensive measures to support private sector and encourage investment in Iraq[/size]
Economy | 03:24 - 29/04/2019
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BAGHDAD -
The Ministry of Finance's Inspector General, Maher al-Bayati, announced on Monday the adoption of broad measures to support the private sector and encourage investment in Iraq.
"A number of urgent measures have been taken to combat red tape by facilitating the procedures of the Ministry of Finance departments concerned with the investment file," Bayati said in a statement received by Mawazine News.
He added that the new directives were aimed at supporting and empowering the private sector and in line with the state's orientations in this regard. Witnessed by the completion of transactions. "
He pointed out that "the new procedures will be based on rapid communications, the designation of coordinators to follow up on these contacts on the ground and obtain the answers within quick time, in coordination with the National Investment Commission, as well as directing all banks under the Ministry of Finance to take appropriate measures that facilitate the completion of transactions of borrowers Private investors "
The Ministry of Finance's Inspector General, Maher al-Bayati, announced on Monday the adoption of broad measures to support the private sector and encourage investment in Iraq.
"A number of urgent measures have been taken to combat red tape by facilitating the procedures of the Ministry of Finance departments concerned with the investment file," Bayati said in a statement received by Mawazine News.
He added that the new directives were aimed at supporting and empowering the private sector and in line with the state's orientations in this regard. Witnessed by the completion of transactions. "
He pointed out that "the new procedures will be based on rapid communications, the designation of coordinators to follow up on these contacts on the ground and obtain the answers within quick time, in coordination with the National Investment Commission, as well as directing all banks under the Ministry of Finance to take appropriate measures that facilitate the completion of transactions of borrowers Private investors "
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