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CBI borrow six trillion dinars ...
10-02-2015 03:26 PM
The CBI has decided to finance the state budget with a loan of six trillion dinars, through the operation of 50% of the reserves deposited by commercial banks has, and the repurchase of treasury bonds from the secondary market.
According to a statement of the bank it will buy about five trillion dinars, of which the first stage, and then to run 50% of the deposited by commercial banks reserves has, and the repurchase of treasury bonds from the secondary market, that does not affect these measures private reserve Bantrza in excess of $ 70 billion, in support of the budget financial and try to reduce the deficit. As well as enable them to provide housing and real estate loans for industrialists and farmers, support economic activity and job creation.
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10-02-2015 03:26 PM
The CBI has decided to finance the state budget with a loan of six trillion dinars, through the operation of 50% of the reserves deposited by commercial banks has, and the repurchase of treasury bonds from the secondary market.
According to a statement of the bank it will buy about five trillion dinars, of which the first stage, and then to run 50% of the deposited by commercial banks reserves has, and the repurchase of treasury bonds from the secondary market, that does not affect these measures private reserve Bantrza in excess of $ 70 billion, in support of the budget financial and try to reduce the deficit. As well as enable them to provide housing and real estate loans for industrialists and farmers, support economic activity and job creation.
[You must be registered and logged in to see this link.]
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