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Governor of the Central Bank: The bank is ready to finance small projects to reduce external borrowing
Saturday, August 8, 2015
BAGHDAD / Baghdadi News / ... The Central Bank of Iraq, on Saturday, his willingness to continue lending to banks and microfinance to alleviate the financial crisis and spare the country from external borrowing.
The governor of the bank on the Keywords in a speech at a conference for the granting of loans to banks and attended / Baghdadi News /, "The central bank is ready to launch these amounts and you should not take these initiatives a long time and invest the money in the project, and we hope that this initiative achieve the aspirations of the country ".
Keywords He added that "microfinance is a key and important activity and achieves a high proportion of gross domestic product, and perhaps the first in the forefront of all sectors."
He continued: "that this step will be the launch of an important and big, and ease the financial crisis and spare the country from external borrowing," noting that he "will be launched by loans in dollars-term bonds are sold at a reduced price."
Keywords central bank promised to "Coping of sensors of the Iraqi economy and see through all the activities of money transfer and sale of foreign currency," and expressed readiness "bank to add more money to banks in the future, under any circumstances exhausted the amount of 5 trillion dinars in the projects" .anthy 21 / N
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Saturday, August 8, 2015
BAGHDAD / Baghdadi News / ... The Central Bank of Iraq, on Saturday, his willingness to continue lending to banks and microfinance to alleviate the financial crisis and spare the country from external borrowing.
The governor of the bank on the Keywords in a speech at a conference for the granting of loans to banks and attended / Baghdadi News /, "The central bank is ready to launch these amounts and you should not take these initiatives a long time and invest the money in the project, and we hope that this initiative achieve the aspirations of the country ".
Keywords He added that "microfinance is a key and important activity and achieves a high proportion of gross domestic product, and perhaps the first in the forefront of all sectors."
He continued: "that this step will be the launch of an important and big, and ease the financial crisis and spare the country from external borrowing," noting that he "will be launched by loans in dollars-term bonds are sold at a reduced price."
Keywords central bank promised to "Coping of sensors of the Iraqi economy and see through all the activities of money transfer and sale of foreign currency," and expressed readiness "bank to add more money to banks in the future, under any circumstances exhausted the amount of 5 trillion dinars in the projects" .anthy 21 / N
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