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Central launches initiative to support the banking sectors of the three to five trillion dinars
2015/08/08
Baghdad
The Central Bank, on Saturday, announced the launch of an initiative to support the agricultural, industrial and real estate and housing fund sector banks with loans amounting to five trillion dinars, with the exception of the initiative "a good step" for the recovery of the economic situation and liquidity, he confirmed they come to avoid foreign loans.
The governor of the Central Bank on the Keywords during a seminar held by the Committee on Economy and Investment parliamentary under the auspices of the Iraqi National Business Council to discuss the CBI program and Ministry of Finance to finance specialized sectoral banks held in the Ishtar Sheraton Hotel in central Baghdad and attended by "time", "The Bank has launched an important initiative by supporting industrial and agricultural banks and the real estate and housing fund sector loans amounting to five trillion dinars. "
Keywords and added, "These sectors support this amount is a good step for the recovery of the economic situation and the liquidity of those banks and to ensure no increase in unemployment," stressing that "this initiative is to avoid foreign loans."
Keywords noted, that "the initiative you need to activate the special government measures quickly to start pumping money," and expressed hope that "these actions do not take a long time."
The World Bank in (July 9, 2015) approved, a new project for Iraq aimed at the reconstruction and rehabilitation of infrastructure destroyed by conflict in the country and restoration of services in the government-controlled areas, and among the assistance program of $ 350 million, confirmed that the program is part of a larger program will be implemented over five years in the provinces of Salahuddin and Diyala.
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2015/08/08
Baghdad
The Central Bank, on Saturday, announced the launch of an initiative to support the agricultural, industrial and real estate and housing fund sector banks with loans amounting to five trillion dinars, with the exception of the initiative "a good step" for the recovery of the economic situation and liquidity, he confirmed they come to avoid foreign loans.
The governor of the Central Bank on the Keywords during a seminar held by the Committee on Economy and Investment parliamentary under the auspices of the Iraqi National Business Council to discuss the CBI program and Ministry of Finance to finance specialized sectoral banks held in the Ishtar Sheraton Hotel in central Baghdad and attended by "time", "The Bank has launched an important initiative by supporting industrial and agricultural banks and the real estate and housing fund sector loans amounting to five trillion dinars. "
Keywords and added, "These sectors support this amount is a good step for the recovery of the economic situation and the liquidity of those banks and to ensure no increase in unemployment," stressing that "this initiative is to avoid foreign loans."
Keywords noted, that "the initiative you need to activate the special government measures quickly to start pumping money," and expressed hope that "these actions do not take a long time."
The World Bank in (July 9, 2015) approved, a new project for Iraq aimed at the reconstruction and rehabilitation of infrastructure destroyed by conflict in the country and restoration of services in the government-controlled areas, and among the assistance program of $ 350 million, confirmed that the program is part of a larger program will be implemented over five years in the provinces of Salahuddin and Diyala.
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