Finance Committee response: Economic analyst sees the need t
Posted: Wed Oct 26, 2011 6:45 pmFinance Committee response: Economic analyst sees the need to increase interest rates on deposits
news) .. Analyst’s economic spectrum Abdul Salem need to increase the interest rate for funds deposited in banks to encourage citizens to bid farewell to his money and invested in other cases.
said Abdul Salim, in a statement to the Agency (news) on Wednesday: It is essential that action is taken by the monetary policy of the Bank Central to increase the interest rate for amounts deposited in the banks for the purpose of paying the owners of wealth to bid farewell to their money in banks and invested in projects that serve the country like some of the world.
He pointed out: most of the world relied on to increase the benefits of the funds deposited in their banks to bring in a lot of money and investment of economic projects and services which make the owners of wealth and sums the many Iraqis are turning to these countries for the purpose of obtaining annual profits.
He said Abdul Salim: A lot of people have millions of dinars reserved in their homes without investment or deposit in banks abroad, due to a lack of interest on money deposited in local banks.
and surprised economic analyst of the work of banking policy in the country when they give loans to the citizen, it takes very high interest rates, but if the citizen and let the money, they get the benefit of a few up to (4%).
He had been warned by the Finance Committee and parliamentary deputy / National Alliance / Abdul-Hussein al-Yasiri increase interest rate for funds deposited in banks as reduce the movement of investment in the country.
The Yasiri in an earlier statement (of the Agency news) to: monetary policy if it wants to support the investment process in the country, it should reduce the interest rate for deposits in order to encourage investors borrowing money from banks , noting: when rising interest rates will encourage it to bid farewell to the money and not to investment
http://bit.ly/skAMuI
news) .. Analyst’s economic spectrum Abdul Salem need to increase the interest rate for funds deposited in banks to encourage citizens to bid farewell to his money and invested in other cases.
said Abdul Salim, in a statement to the Agency (news) on Wednesday: It is essential that action is taken by the monetary policy of the Bank Central to increase the interest rate for amounts deposited in the banks for the purpose of paying the owners of wealth to bid farewell to their money in banks and invested in projects that serve the country like some of the world.
He pointed out: most of the world relied on to increase the benefits of the funds deposited in their banks to bring in a lot of money and investment of economic projects and services which make the owners of wealth and sums the many Iraqis are turning to these countries for the purpose of obtaining annual profits.
He said Abdul Salim: A lot of people have millions of dinars reserved in their homes without investment or deposit in banks abroad, due to a lack of interest on money deposited in local banks.
and surprised economic analyst of the work of banking policy in the country when they give loans to the citizen, it takes very high interest rates, but if the citizen and let the money, they get the benefit of a few up to (4%).
He had been warned by the Finance Committee and parliamentary deputy / National Alliance / Abdul-Hussein al-Yasiri increase interest rate for funds deposited in banks as reduce the movement of investment in the country.
The Yasiri in an earlier statement (of the Agency news) to: monetary policy if it wants to support the investment process in the country, it should reduce the interest rate for deposits in order to encourage investors borrowing money from banks , noting: when rising interest rates will encourage it to bid farewell to the money and not to investment
http://bit.ly/skAMuI