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Kaperoni says if the CBI is going to spend it's reserves it might as well be to improve the banking system.
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Kaperoni says if the CBI is going to spend it's reserves it might as well be to improve the banking system.
Kaperoni
Article quote: "Central Bank decided to grant the government banks billion divided them according to the controls to improve its banking system and restore its infrastructure..."
Well if the CBI is going to spend it's reserves it might as well be to improve the banking system.
There goes another billion. I have always said that the banking system must be advanced and they need "freedom of movement of capital" (Article VIII compliance provides that) for investors to come and participate in the market economy.
This article confirms this fact..."the advancement of the economy and other sectors depends on the development of the sector bank..."
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