What Kind of Cooperation Iraq Needs From The World by Iraq123 -- ED OP

by **Ponee** Wed Oct 15, 2014 11:16 am

What Kind of Cooperation Iraq Needs From The World

by Iraq 123 -- Ed - OP

The CBI is trying its level best to manage things in such a way that the banking system can be revived on a larger scale. It is important that all the private sectors join hands and take support from the officers who are managing the development and the statistical developments for the betterment of the country. The market economy and the banking services need to be handled with caution and with a joint decision a better system of management would be done in a better way.

The country needs technical requirements to help in the development of the economic system to gain a better system of management. Different banks from all over the world are interested in opening branches in Iraq. Long times back the government and the CBI were not allowing the foreign banks to open their branches in the country. The conditions were also terrible security wise and gradually the foreign companies showed interest in opening their banks in the country.

Iraqi government also understood that they needed new technology and the handling of the presentation of the management of a better system of banking. It would help in the management of obtaining a better system of banking and managing it in Iraq in a better way.