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The Central Bank plans to lend economic development projects five trillion dinars
Tue, 05 May two thousand and fifteen
BAGHDAD - Today's News / revealed a member of the economic and investment commission in Parliament, Najiba Najib said the central Iraqi Central Bank will finance real estate, industrial and agricultural banks $ 5 trillion dinars to lend to small and medium enterprises within the development plan for the productive sectors, and with drew to a lack of strategy and clear of the state in the framework of development It called for the need to take a number of executive procedures for the success of economic development projects. She said a member of the economic and investment commission in Parliament, Najiba Najib's "Today's News", that "increase the volume of imports to exports is one of the most important problems facing the development process in the country", noting that "the laws that limit imports and increase of exports is not at the required level. " They pointed to "the lack of a clear strategy for the country in the aspects of economic development plans over the past periods as well as the lack of plans and programs of reform." Najib showed that "there are a lot of supporting laws that must be amended legislation such as laws and the banks and the central bank and customs tariffs." She noted that "during our meeting with the Governor of the Central Bank read the bank's measures to curb smuggling and money laundering, and revealed that the bank will finance the industrial, agricultural and real estate banking $ 5 trillion dinars in the economic development plan for the financing of small and medium enterprises." She stressed the "need to take a series of executive actions to reduce the volume of imports, especially that imports up to nearly 99%."
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Tue, 05 May two thousand and fifteen
BAGHDAD - Today's News / revealed a member of the economic and investment commission in Parliament, Najiba Najib said the central Iraqi Central Bank will finance real estate, industrial and agricultural banks $ 5 trillion dinars to lend to small and medium enterprises within the development plan for the productive sectors, and with drew to a lack of strategy and clear of the state in the framework of development It called for the need to take a number of executive procedures for the success of economic development projects. She said a member of the economic and investment commission in Parliament, Najiba Najib's "Today's News", that "increase the volume of imports to exports is one of the most important problems facing the development process in the country", noting that "the laws that limit imports and increase of exports is not at the required level. " They pointed to "the lack of a clear strategy for the country in the aspects of economic development plans over the past periods as well as the lack of plans and programs of reform." Najib showed that "there are a lot of supporting laws that must be amended legislation such as laws and the banks and the central bank and customs tariffs." She noted that "during our meeting with the Governor of the Central Bank read the bank's measures to curb smuggling and money laundering, and revealed that the bank will finance the industrial, agricultural and real estate banking $ 5 trillion dinars in the economic development plan for the financing of small and medium enterprises." She stressed the "need to take a series of executive actions to reduce the volume of imports, especially that imports up to nearly 99%."
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