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[size=46]Parliamentary Investment Committee: We are working on how to develop the banking sector in order to support the private sector[/size]
Economie
10:36 - 2023-01-08
[You must be registered and logged in to see this image.]10:36 - 2023-01-08
The Investment Committee in the House of Representatives confirmed, on Sunday, that fear of the monetary policy of Iraq prompts citizens to store money in their homes.
Committee member Muhammad al-Ziyadi said that his committee is "working on how to develop the banking sector in order to support the private sector through transactions in granting advances, loans, profits and interest," stressing "the need to adopt a policy of currency circulation."
Al-Ziyadi added, "There are many issues that must be discussed with those in charge of the central bank or those responsible for the financial sector, in order to limit the storage of money in the coffers of citizens' homes because of their fear of the country's monetary policy."
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