Economic Ministerial emphasizes the role of the private sector in development

Economic Ministerial emphasizes the role of the private sector in development



4/24/2014 0:00

Requiring government departments to accept the instruments of private banks
Baghdad morning
Required the Committee on Economic Affairs in the Council of Ministers, all banks not included in the Iraqi market for securities need to complete the requirements for inclusion, especially after the amendment previous instructions that were hindering that, while directed ministries and departments not associated with the Ministry to accept instruments issued by private banks and up (100) million dinars.
The Commission invited, through its eighth headed by Deputy Prime Minister for Economic Affairs, Rose Nuri Shaways, and attended by the ministers of oil, trade, and the President of the Audit Court and the Governor of the Central Bank and the Agency, and Chairman of the Investment Authority and Deputy Secretary General of the Council of Ministers and head of the legal department in the Prime Minister's Office, to provide various kinds of support to private banks, which was considered by the Committee «Gateway to support the Iraqi private sector» at the same time stressing the importance of the private sector to take its role in the process of development and construction.
The Commission stressed, during a press statement received «morning» copy of it, the need to seek banks not included in the Iraqi market for securities to complete the requirements for inclusion in the market after adjusting instructions that hinder it, stressing at the same time requiring ministries and departments not associated with the Ministry to accept instruments issued by private banks and up (100) million in the case of private banks to handle themselves be open ceilings.
The Committee agreed to increase the total costs of the project to establish the Office of the Integrity Commission investigations in the province of Karbala, as well as the approval to increase the proportion of reservists for a project to rehabilitate buildings Kasra military complex, as well as increasing the proportion of reservists for contract work in the establishment of schools scattered hand denominator.
The committee also decided, according to the statement, increasing the proportion of reservists for the construction of the intersection of Yarmouk in the province of Nineveh, and the approval of the recommendations of the report of the Audit Court orders on parts and increases the total costs of the projects and circulated to the ministries and departments not associated with the Ministry.

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