Jubouri: It is time for the approval of the financial law of the Court and the advancement of banking work “expanded”


 


February 15, 2016


Called on Parliament Speaker Salim al-Jubouri, on Monday, to the advancement of the banking work in Iraq, stressing that it is time for the approval of the financial Court Act to limit all types of corruption, while stressing the need not to resort to withdrawals in the central bank’s financial reserves, expressed standing with all the effort is in favor of the nation and citizens.



Jubouri said in his speech during the launch of the strategic plan of the Central Bank of Iraq for the years 2016-2020, according to a statement by his press office, “Nur News” received a copy of it,

“Tiger circumstance requires more skill, wisdom and thinking, to remedy the problems that surround us, especially the first and foremost problem economic, which is the most important part of our challenges and Mrahentna the solution at the same time. “


He added that “while we find an economic way out will not we fail then to find a political, security and humanitarian exits,” noting that “the core of the problem stems from the economic downturn, and the first step of the solution begins with the economic solution, when we can economically we will be able to support the battle with weapons, money and Novi obligations to volunteer for combat and their families. “


And Taya “When we have money we will be able to solve the problem of displaced people and the reconstruction of devastated cities, and we will be able to run the unemployed and provide a decent living and housing citizens, and as a result Money is the most important gate and the first political, social and humanitarian solution is required.”


The al-Jubouri, “the need to promote the banking business in Iraq and takes active role in bridging the gap between the potential and challenges, capabilities and needs, and it was not until after the regimented within international standards and benefit from the experiences of countries that stood up Bagsadha through a banking professional.”


And that “the time has come for the approval of the financial court law through parliament to be able to send her to exercise her work as one of the most important interfaces regulatory and punitive to any excesses that would override the law in the Financial Action Task Force and the reduction of all types of corruption.”


Chairman of the House of Representatives, said that “explained the real reform process centered on identifying the real challenges and create visions and a roadmap and exceptional solutions, and work to create new opportunities to overcome them along with a way to find new people.”


He expressed his “standing with every effort is in favor of the nation and citizens, provided that it is in the context of the Constitution and the law, and within the framework of consultation with the building blocks that are also keen on the interest of the country and supportive of reform and willing to find the right solution as soon as possible.”


He stressed Jubouri “the need not to resort to withdrawals in the central bank’s hard currency financial reserves to cover the deficit in the balance of payments,” pointing out that “Iraq has a lot of wealth and large capabilities, assets and assets that allows him to move the economy and stimulating activities, as well as that indebtedness is less than many of the surrounding countries. “


And saw the head of the Iraqi parliament, said that “investment could contribute to the revitalization of transport, agriculture, industry, banking sectors and even education and health, and thus stimulate the public sector and be saved.”

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