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Central Bank looking mechanisms to support investment in Iraqi dinar

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Central Bank looking mechanisms to support investment in Iraqi dinar

نشر بتاريخ السبت, 16 شباط/فبراير 2013 13:54 | كتب بواسطة: OK-AR-N

/ obelisk: Search Central Bank, Saturday, mechanisms to support
investment in Iraqi dinars, pointing out that he was seeking to boost
his tally including currency makes it controlled.

central bank governor said Abdul Basit Turki agency, following a
meeting directors-general of private banks and the Iraqi civil operating
in the country, for "obelisk" that "it is necessary to develop plans
modern and necessary for the advancement of the level of the Iraqi dinar
and the involvement of private banks Iraqi foreign to this approach."

meeting included discussion of the mechanics of investing in support
exchange value of the Iraqi dinar and stabilize the market and go to
further contributions to these banks operating in the country in support
of these necessary steps," stressing that "private banks Iraqi and
foreign proved contribution actors in the development of the economy in
the country" .

governor of the Central Bank of Iraq in search of the 13 of February
with a number of foreign banks ways to expand its work in Iraq.

CBI attributed the earlier reason for not attracting well known
international companies to invest in Iraq, the internal and external
factors, is the external ones that Iraq is still under Chapter VII which
he considers threatened state of peace, as well as the difficulties
large facing investor such as the allocation of land plots of projects and a lot of other obstacles.

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