Its important for Iraq to be viewed as sovereign with stable monetary policy, adhering to international conventions; says Member of Association of Iraq Private Banks on international rating systems

Posted by on Oct 28, 2013 | Leave a Comment

Assurances of the importance of Iraq’s sovereign rating

03/10/13 12: 00 am

Baghdad-Farah pumice
Member of the Association of private banks and Director of Ashur sherwan Anwar Mustafa importance of Iraq a sovereign rating.

Mustafa said in his (morning): “there are simple mechanisms, ways to get Iraq on this category, including all countries in the world dealing with the international calendar.”

He is a member of the Association “to handle the international calendar and ranking institutions with Iraq, monetary policy must be stable without fluctuation, and maintain the stability of the currency and adherence to international conventions, noting that the current trend is moving in by signing international treaties that give a guarantee to the investor, which is a” mattress “of any institution an international calendar for assessing the status of Iraq in support of United Nations organizations and Mostafa sovereign subject classification is important for the country to international intercourse, especially at financial institutions, indicating that any goods up to Iraq, the cost of additional freight and export, in the absence of an international classification.

===alternate translation===

Assurances of the importance of getting Iraq’s sovereign rating

10/03/2013 12:00 AM

BAGHDAD – Farah pumice
A member of the Association of private banks and bank manager Ashur Shirvan Anwar Mustafa importance for Iraq on rating sovereign world.

Mustafa said in his speech for the (morning): “There are ways and mechanisms are simple to get Iraq to this category, especially that all countries in the world dealing with institutions evaluate international. “

said a member of the Association that “in order to deal rating agencies and international calendar with Iraq, must be monetary policy stable without fluctuations, and maintain the stability of cash and commitment to international conventions, noting that the current trend is going in the way of the signing of international treaties give a guarantee to the investor, which is the “opportunity” for any organization evaluating an international assessment of the situation in Iraq in general backing and support of UN organizations.

considered Mustafa that the sovereign rating important issue for the country and deal internationally, especially at the level of financial institutions, noting that any goods up to Iraq, the cost of Shipping fees and extra export, due to the lack of an international classification for him.

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