Lack of support for the development of the Iraqi market for

[Stillw8n]

Lack of support for the development of the Iraqi market for securities

BAGHDAD / with said expert financial Hana al-Samarrai said the lack of government support for the Iraqi market for securities and for the lack of development, as it must be a financial market mirror of the economic situation in terms of fiscal and monetary policy.

She Samarrai told the future (and) that “the reasons for the decline the stock market is floundering investors in the market and the lack of investment objectives are clear and lack of awareness of some investors, as well as the main reason is lack of government support. ”

She added, “Many of the proposals on developing a plan to develop the work of the Iraqi market for securities through the study of the conditions of companies stalled, and work on the direction of government agencies to give those companies that suffer from a deficit in the capital away from the financial and administrative corruption, exemptions, and incentives to rebuild its capital helps to maintain employment in and re-active as well as to encourage companies invested to the demand of the market without hesitation. ” Samurai called for the formation of committees of regulators and those responsible and to be able to see the listed companies to re-strengthen market confidence.

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