Baghdad, The President of the Republic, Abdul Latif Jamal Rashid, affirmed that Iraq has enough capital to develop the country.
He said in the dialogue session on the Middle East in Davos: What we lack in the Middle East is the financing of private projects and the lack of opportunities in the private sector.
Rashid added: We have to modernize banking legislation and develop the private sector, which is currently missing in the country, indicating that the government has begun to modernize and encourage the private sector.
Source: National Iraqi News Agency