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Najib: measures (Central) revive the market and gross domestic product and job creation
Monday 29/06/2015
BAGHDAD
The Commission on the economy of parliamentary and investment on Sunday that central bank's move to launch the predecessor to support small and medium enterprises positive, indicating that the adoption of those steps enhances the gross domestic product as well as the great economic returns for the country.
She said committee member Najiba Najib to hold the central bank launched advances to small enterprises The medium through private banks one billion dollars of agricultural and industrial sector in the 5 trillion Iraqi dinars a positive step for the benefit of the Iraqi economy. "
pointing out that "the promotion of gross domestic product and move the market and provide job opportunities as well as great economic returns for the central bank and banks all or the entire economy of the country.
She said the advances granted specific duration and returned regular installments by the citizens, "warning" from re-model three years from the Ministry of Finance loans by the Rafidain and Rasheed bank before and was traceable constitutes a difficulty as a result of regulations and instructions of banks. "
She stressed that "the benefits of a few loans, 1% bank, will give the central bank as interest, but the banks will determine the interest on the loan given to citizen ratio and therefore these benefits are easy on the citizen and the benefit of the central bank.
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Monday 29/06/2015
BAGHDAD
The Commission on the economy of parliamentary and investment on Sunday that central bank's move to launch the predecessor to support small and medium enterprises positive, indicating that the adoption of those steps enhances the gross domestic product as well as the great economic returns for the country.
She said committee member Najiba Najib to hold the central bank launched advances to small enterprises The medium through private banks one billion dollars of agricultural and industrial sector in the 5 trillion Iraqi dinars a positive step for the benefit of the Iraqi economy. "
pointing out that "the promotion of gross domestic product and move the market and provide job opportunities as well as great economic returns for the central bank and banks all or the entire economy of the country.
She said the advances granted specific duration and returned regular installments by the citizens, "warning" from re-model three years from the Ministry of Finance loans by the Rafidain and Rasheed bank before and was traceable constitutes a difficulty as a result of regulations and instructions of banks. "
She stressed that "the benefits of a few loans, 1% bank, will give the central bank as interest, but the banks will determine the interest on the loan given to citizen ratio and therefore these benefits are easy on the citizen and the benefit of the central bank.
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