Keywords announce the launch of the national project for the financing of projects and expresses its readiness to expand

Keywords announce the launch of the national project for the financing of projects and expresses its readiness to expand



2015/06/23 21:15

Time / Baghdad

Governor of the Central Bank announced on the Keywords, on Tuesday, the launch of a national project to finance small projects in the first phase, and while pointing out that the project will contribute to stimulate economic activity and employment, confirmed the readiness of the bank to expand this.

Keywords and he said in a speech during the "support small and medium enterprises" conference, which was held today in Baghdad, attended by "time", that "the central bank announced today, an important national project that aims to stimulate economic activity and employment," noting that "this project comes from Central Bank's role in dealing with the current state of deflation. "

"The bank takes the role of pumping liquidity to deal with the new reality and circumstances through which the country according to law and responsibility in the economic stimulus and the reduction of unemployment," adding that "this project is focused mainly on financing small projects in the first phase."

Keywords and referred to "monitor trillion dinars for the project first installment in this direction," noting that "if all goes as planned, the central bank is ready to expand it."

Keywords and he pointed out that "this project comes along with another project launched by the central bank to allocate five million dinars to banks specialized industrial, agricultural, housing and real estate Kalmsrv in order to stimulate economic activity in the current stage."

He continued: "It we are waiting for detailed instructions from the government to start firing amounts to banks because there is a great interest on the amounts that go to real use is subject to censorship," adding that "it was necessary for the sustainability of this project is the development of mechanisms

The Central Bank of Iraq agreed in (19 May 2015), to launch trillion dinars for private banks loans to finance projects, noting that it was approved instructions regulating the work of guaranteed bank loans companies.


[You must be registered and logged in to see this link.]

Keywords and he said in a speech during the "support small and medium enterprises" conference, which was held today in Baghdad, attended by "time", that "the central bank announced today, an important national project that aims to stimulate economic activity and employment," noting that "this project comes from Central Bank's role in dealing with the current state of deflation. "



Keywords and referred to "monitor trillion dinars for the project first installment in this direction," noting that "if all goes as planned, the central bank is ready to expand it."

Keywords and he pointed out that "this project comes along with another project launched by the central bank to allocate five million dinars to banks specialized industrial, agricultural, housing and real estate Kalmsrv in order to stimulate economic activity in the current stage."