PARLIAMENTARY FINANCE COMMITTEE: LAUNCHING THE BANKING REFORM PLAN IS THE BEGINNING OF ECONOMIC REFORM
Parliamentary Finance Committee Chairman Atwan al-Atwani affirmed on Monday that the launch of the banking reform plan is the beginning of reforming the Iraqi economy.
In a speech at the Iraqi Banking Sector Reform Conference, attended by an Al-Eqtisad News correspondent, Al-Atwani said, “Developing the banking sector is a fundamental pillar for developing the Iraqi economy beyond oil revenues.”
The head of the Finance Committee called for “diversifying revenue sources to cover the financial deficit.”
He pointed out that “the reform and development process must be accompanied by engagement with international banks to regulate foreign remittances.”
He stressed that “unofficial border crossings cause a waste of public money.”
