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Government's determination to eliminate unemployment
3/3/2015
BAGHDAD
said the economic advisor to the Prime Minister, Dr. appearance of Mohammed Saleh, "The current year budget and procedures recent central bank will contribute to some extent to tackle unemployment and reduce their rates and reduce the height. He said Saleh in his speech for the" morning ": that the government program to do the investment sector Special Find Payment projects on credit to get the economy moving and operation of labor and absorb unemployment along with the actions taken by the Central Bank of Iraq recently in order to create small and medium-sized loans, which are up to five trillion dinars to revive the project and the advancement of economic reality. Saleh explained that "address the problem of unemployment and the decline linked to growth rates exit Iraq from the financial hardship caused by falling oil prices the country and the loss of 50 percent of the fiscal revenue over the past months, which reflected negatively on the lack of appointments and employment and declining economic growth rates, where it was supposed that unemployment is 9 percent for the current year instead of the 25 percent. " .
He said control "Daash" guerrilla terrorist attacks on the regions and provinces of the country, causing interruption of the wheel of life, where the labor force is out of work now, which led to high unemployment in those areas and declining growth rates, while experiencing the rest of the provinces stable and Adha.utaba Adviser Government, that the solution is through the creation and job creation through investment and the private sector to activate, and the current year's budget included opportunities to run projects for payment on credit and encourage foreign and domestic market investments that will address the phenomenon of jobless growth and the reduction of breadth.
He noted that the central bank measures Iraqi fall within the general law, which is capable of addressing the case of financial instability and unemployment, where they can create behavior in the market for lending and stimulate the economic cycle by 14 percent from the roof of the current budget year 2015 financial resources contribute to tackling unemployment, and the allocation of 5 trillion dinars to lend to small and medium-to revive the project.
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3/3/2015
BAGHDAD
said the economic advisor to the Prime Minister, Dr. appearance of Mohammed Saleh, "The current year budget and procedures recent central bank will contribute to some extent to tackle unemployment and reduce their rates and reduce the height. He said Saleh in his speech for the" morning ": that the government program to do the investment sector Special Find Payment projects on credit to get the economy moving and operation of labor and absorb unemployment along with the actions taken by the Central Bank of Iraq recently in order to create small and medium-sized loans, which are up to five trillion dinars to revive the project and the advancement of economic reality. Saleh explained that "address the problem of unemployment and the decline linked to growth rates exit Iraq from the financial hardship caused by falling oil prices the country and the loss of 50 percent of the fiscal revenue over the past months, which reflected negatively on the lack of appointments and employment and declining economic growth rates, where it was supposed that unemployment is 9 percent for the current year instead of the 25 percent. " .
He said control "Daash" guerrilla terrorist attacks on the regions and provinces of the country, causing interruption of the wheel of life, where the labor force is out of work now, which led to high unemployment in those areas and declining growth rates, while experiencing the rest of the provinces stable and Adha.utaba Adviser Government, that the solution is through the creation and job creation through investment and the private sector to activate, and the current year's budget included opportunities to run projects for payment on credit and encourage foreign and domestic market investments that will address the phenomenon of jobless growth and the reduction of breadth.
He noted that the central bank measures Iraqi fall within the general law, which is capable of addressing the case of financial instability and unemployment, where they can create behavior in the market for lending and stimulate the economic cycle by 14 percent from the roof of the current budget year 2015 financial resources contribute to tackling unemployment, and the allocation of 5 trillion dinars to lend to small and medium-to revive the project.
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