Tuesday, September 24, 2024

Baghdad

MP attributes deterioration of banking sector in Iraq to political disputes, observatory sides

MP attributes deterioration of banking sector in Iraq to political disputes, observatory sides

Baghdad (IraqiNews.com) MP, Younam Yohana, of the Parlaimentary Economic Committee attributed the deterioration of the banking sector in Iraq to the political disputes and the observatory sides such as the parliament.

Speaking to Iraqi News (IraqiNews.com), he said “The corruption in Iraq has a big role in the deterioration of the banking sector in Iraq where it must be eliminated, but the political disputes and the lack of experience also has a role in this deterioration.”

“There should be some means and techniques to avoid wasting the public fund,” he added, noting that “The accusations against some officials are behind the deterioration of the banking sector.”