monetary and monetary professional Mustafa Hantoush commented at the decision of the central financial institution of Iraq to promote real property thru banks, noting that “this choice does not deal with the hassle of liquidity or salaries, however is related to tries to push citizens to deal with the banking machine in oblique approaches.”
Hantoush said in a declaration to “dinaropinions.com ” that “the present day banking gadget is predicated on old strategies that impose regulations on residents, as they’re pressured to cope with banks in place of supplying actual alternatives that beautify marketplace freedom.”
He mentioned that “overseas banks have already taken over a huge a part of the market, whilst there are efforts to cancel retailers in an effort to spark off change workplaces, due to the fact banks and change offices do not have any commercial enterprise.”