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Economic parliamentary: Iraq's foreign debt settlement transactions will strengthen Iraqi banks with

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rocky
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Economic parliamentary: Iraq's foreign debt settlement transactions will strengthen Iraqi banks with

Post by rocky on Tue 15 Apr 2014, 3:28 pm

Economic parliamentary: Iraq's foreign debt settlement transactions will strengthen Iraqi banks with foreign counterparts

15/04/2014 12:15

The Committee considered the economic project in the House of Representatives to end the file of Iraq's foreign debt is a positive step for the development of the Iraqi economy. A member of the Economic Commission Salman al-Musawi: The meetings and discussions of international repeated with Iraq to end the file of the foreign debt is a positive step for the recovery of the Iraqi economy by encouraging foreign companies to invest and bring in foreign capital to Iraq, stressing that it will lead to strengthening the dealings of the banks with the Iraqi counterpart foreign. " He pointed to the existence of a large number of countries have reduced their debt, such as the United States, Cyprus, Denmark, Russia, Bulgaria, Serbia, Tunisia, Algeria, and this reassures investors and international financial institutions when Iraq wants to borrow them.

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