Thread: Archive News - Iraqi Dinar Think Tank - 22/06/2010 - 04/10/2010

Advisor to the Finance Ministry : Attacks on banks would not affect her work or on the deposits of citizens

Said a finance ministry adviser for banks Zia Khyoun the positions of the state generally suffered from terrorist attacks , including the banks for being one of the cornerstones in the Iraqi economy and one of the vital institutions in the country, noting that the attacks would not affect the operation of banks or on the deposits of citizens.

The Khyoun in contact with the agency, the independent press (Iba) these attacks are proof of the existence of terrorist groups because they are unable to influence the work of banks or to constitute a threat to its coffers, because we have alternative sites that can get down to work through, and public funds reserved in the coffers of immune and losses Disadvantageously in the documents and the premises of banks can be compensated.

He pointed out that the state compensate the citizens for any loss affect his money in banks and can not be affected and their deposits with the attacks.

Sector was the country's banks to repeated attacks, the latest target commercial bank in the Mansour district on Sunday.

The Central Bank was organized in an attack earlier led to the burning of a number of government buildings, banks, and claimed the lives of dozens, which bore the hallmarks of al Qaeda.

The Khyoun attacks on the banking sector were not the first we do not expect that it will be the last of the presence of numerous parties, aimed at inflicting casualties among civilians and in most state institutions.

Regarding the possibility that the cause targeting the economic sector to significant losses through away investors and capital investment in the country, he said Khyoun known that the capital is coward in economic terms, and certainly these attacks will generate a reaction among investors , but do not expect to be significant.

Worried community economic potential target other economic sectors in the country other than banks by changing the terrorist groups to its objectives and the possibility that come into play on oil installations to cripple the economic capacity of Iraq, especially given that oil imports represent artery economic base of the country.

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