2015/7/16 15:34
National Alliance MP Abdul-Hussein al-Moussawi said the issuance of national bonds will provide liquidity and investment opportunities.
Moussawi said, in a statement received by the agency all of Iraq [where], a copy of "practical step taken by the government to issue national bonds, will contribute effectively to provide liquidity and investment opportunities for the citizens," calling to "educate the street at them."
He added that "the continued decline in oil prices and the absence of actual capacity to increase production and the adoption of the general budget mainly on oil exports, requires research in such mechanisms, which include the national bond issuance and push for the optional savings for citizens and the stimulus it calculates the fans more than the natural rate of interest rate of interest." .
He said al-Moussawi said "This result will provide an opportunity for the government and liquidity may be stressful if borrowed from the World Bank, and would create a mechanism to take advantage of the funds in the capital inside Iraq."
The crisis cell headed by Prime Minister Haider al-Abadi, decided at its meeting yesterday to start issuing remittances treasury during the remaining months of this year and launch a national bonds to the public and government guarantees and benefits appropriate, in order to strengthen the financial position and activate the economy and development in the Albuld.
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