Deputy Governor of Central Bank of Iraq the appearance of Mohammed Saleh, said that the current financial democracy today a source of conflict between state capitalism and financial capital Ahli extremes has not been resolved yet in the arena of economic policy today.
Saleh added, “is supposed economies in transition to take over the financial sector itself and the function of economic stability and regulate the movement of capital, Al-Ahli, which requires the availability of financial institutions, independent, but that in order to discharge the economic role of the institution of the state in assigning the function of economic development and to support economic growth and social condition converted from being a provider of growth and an engine for development and function to enable the development and growth.
He said he can understand that the economies in transition to a free market in our country is only a stage of limited did not move the market, the financial sector to the free market and the promise of a transition financially abstract simulates trade finance consumer of Foreign Affairs and a one-way working on the transfer of financial wealth missing (seed capital of Mali Ahli negative / savings or negative) financial wealth Otthoelh to complete (my family financial seed capital positive / Awadkhar positive). “
He stressed that the financial economies in transition, is himself Atktml degree Antqalith free market to the domestic financial phenomenon unless it is integrated with one-way free-market external (international financial market).
