Tuesday, June 8, 2010

***Iraq ~ The U.S. government has allocated around 200 million dollars to support the banking sector in Iraq ...

08 June, 2010

The U.S. government has allocated around 200 million dollars to support the banking sector in Iraq

The commander of the U.S. reconstruction team in Iraq, the U.S. government has allocated around 200 million dollars (about 236 billion dinars) to support the banking sector in Iraq.

This came on the sidelines of the Economic Forum's first government and private banks in Wasit, which organized Monday Reconstruction Team Wasit PRT at the Hall of the Provincial Council.

The Matthew Eller symposium "held under the banner of the role of banks in supporting private sector participation of heads of banks, good and Mesopotamia and the managers of private banks and investment and a number of venture capitalists and traders in the province," adding that the symposium was held "in order to support the banking sector in the province through the provision of finance for the private sector by a support group for ages through the U.S. Agency International. "

He reported that the U.S. government, "has earmarked about 200 million dollars (about 236 billion dinars) to support the banking sector in Iraq," noting that the funding "is one of the important factors and chair of the banks, but not everything is so deliberately seminar to explain the modalities of modern banking systems in place in developed countries. "

He said the participants in the symposium "recommended the need to change the banking system currently in place in Iraq systems more sophisticated and give greater opportunity for Iraqis to help themselves and build a prosperous", and added that Iraq has "the potential to qualify for the advancement of the economic sector."

VinTV