25/06/2015
Baghdad / term price
The Ministry of Planning, on Wednesday signed an agreement with the European Union more than 27 million euros awarded for the implementation of social justice and local development project, the European Union and the detection of providing assistance to Iraq worth 120 million euros in the three areas, with the ministry announced the allocation of a trillion dinars first national project as a down payment to finance SMEs uncertain central bank is prepared to expand the amount of such loans in the future.
He said Planning Minister Salman Jumaili in a joint press conference with Ambassador of the European Union to Iraq Jana Hischofa held at the ministry building and attended (range Press), that "Iraq has signed an agreement with the EU to give him 27.875 million euros", adding that "the grant will be carried out for the project support of criminal justice and improving the conditions of detainees, as well as local development. "
He added Jumaili that "support justice project will be implemented in cooperation and coordination with the Ministry of Interior and the fight against terrorism and national security and all the relevant institutions," adding that "local development project will be implemented by local governments in collaboration with the Ministry of Planning. "
For its part, it revealed Hischofa "The Union has provided nearly 120 million euros to Iraq in three areas, including education and the rule of law and guidance, in addition to cooperation in the field of energy," pointing out that "the most important aid is in the development and the formation of the rule of law and guidance and justice. "
She Hischofa that "the European Union granted Iraq's 27 million euros in the field of training for the Ministry of Justice and the application of international convention for the protection of human rights, in addition to cooperation with the Ministry of the Interior to train federal and local police, as well as cooperation in the framework of the provision of social justice and the Iraqi reform in the prison administration ".
Hischofa He noted that the "local provinces will have a share of this grant for the purposes of private development to the provinces controlled by Daash during the last period, including the provinces of Salahuddin and Diyala." Iraq has signed in October 2013, an agreement with the European Union to build Iraqi human capacity at a cost of 24 million euros, while held talks in 2014 for the rehabilitation of the judicial system at a cost of eight million euros.
In a related context called the Central Bank of Iraq, on Wednesday, the project National financing of small and medium enterprises, and in an amount trillion dinars first of the project as a down payment, and expressed Planning Minister Salman Jumaili central bank is prepared to expand the amount of small and medium loans in the future.
He said Planning Minister Salman Jumaili in a statement received by, the (long-Presse), a copy of which, "The Bank CBI launched the National Project for the financing of small and medium enterprises in the amount trillion dinars first of the project as a down payment. "
Jumaili said that "the Bank is ready to expand it in the near future and encourage the development of the necessary for the sustainability of the project mechanisms."
The project was launched at a ceremony attended by the Minister of Planning Salman Jumaili and Minister for Women and the Governor Central Bank of Iraq and a number of deputies and deputy ministers and the head of the Iraqi Association of Banks.
The Central Bank of Iraq, announced Tuesday, (June 23, 2015), the launch of loan amounts medium and small enterprises by the Iraqi private banks early next month of July, and pointed out that the loan amounts will reach 50 million dinars, as he emphasized that banks benefit will not exceed 5.5% ..
It is noteworthy that the Iraqi Central Bank announced on Tuesday, (June 19, 2015), the launch trillion dinars for private banks to finance small and medium enterprises loans, and increase the share of dollar sales for banking companies and foreign transfers, as a measure to address the lack of liquidity in some banks.
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