Article: “Central: The reality of the Iraqi economy makes it imperative to develop financial operations”
Quote: “indicating that the deposit guarantee law is the cornerstone of this topic and its application is true to move liquidity in the right direction and transfer to the banking sector , which Ciozvha in the national economy first . The estimated volume of liquidity in Iraq to 47 trillion Iraqi dinars in homes around hoarding 70 percent of this amount , according to indicators of specialized centers and finance experts.”
I see Iraq a crossroads, they need to get these things done now so the CBI can get the banking system open to the world for foreign investment.
No time to waste and they have been talking about a private sector way too long.