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Zebari calls for three specialized banks to take advantage of the central bank loans to support various projects
08.26.2015
Baghdad
Called on Finance Minister Hoshyar Zebari, on Wednesday, agricultural and real estate and industrial banks managers to take advantage of the central bank loan to support economic activity and job creation, and while pointing to the need to take advantage of the value of the loan amounting to five trillion dinars to encourage the private sector, the banks concerned Besaaah managers student practical programs to ensure The arrival of these funds to finance various projects.
The Finance Ministry said in a statement received (range Press), a copy of "Finance Minister Hoshyar Zebari held today at the headquarters of the Office of the ministry held a meeting with directors of both industrial and agricultural and Real Estate Bank, to discuss the benefit of the Central Bank loan of five trillion dinars to the banks mentioned to support economic activity and provide job opportunities for citizens and young people. "
The statement quoted Zebari reaffirmed the need to "make the most of this loan in the sectors covered so that reflected positively on the wheel of the Iraqi economy in encouraging the private sector and national labor," calling on banks concerned managers to "the completion of the administrative and financial procedures required and the drafting process in their respective programs its competence to ensure rapid access this money to the citizens of small, medium and large enterprises. "
The Council of Ministers stressed, during its regular held, Tuesday, (August 25, 2015), the allocation of five trillion dinars to revitalize agriculture, industry and the housing sector, while noting the allocation of a sum of money to the Ministry of Electricity to supply power stations with fuel.
The Iraqi Economists Association announced that, on Tuesday, the central bank granting financial loan for 23 banks waged for the purpose of supporting small and medium enterprises in the country, indicating that this project will support the private industrial sector and reduce the unemployment rate and also reduce the imports of goods consumed. "
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08.26.2015
Baghdad
Called on Finance Minister Hoshyar Zebari, on Wednesday, agricultural and real estate and industrial banks managers to take advantage of the central bank loan to support economic activity and job creation, and while pointing to the need to take advantage of the value of the loan amounting to five trillion dinars to encourage the private sector, the banks concerned Besaaah managers student practical programs to ensure The arrival of these funds to finance various projects.
The Finance Ministry said in a statement received (range Press), a copy of "Finance Minister Hoshyar Zebari held today at the headquarters of the Office of the ministry held a meeting with directors of both industrial and agricultural and Real Estate Bank, to discuss the benefit of the Central Bank loan of five trillion dinars to the banks mentioned to support economic activity and provide job opportunities for citizens and young people. "
The statement quoted Zebari reaffirmed the need to "make the most of this loan in the sectors covered so that reflected positively on the wheel of the Iraqi economy in encouraging the private sector and national labor," calling on banks concerned managers to "the completion of the administrative and financial procedures required and the drafting process in their respective programs its competence to ensure rapid access this money to the citizens of small, medium and large enterprises. "
The Council of Ministers stressed, during its regular held, Tuesday, (August 25, 2015), the allocation of five trillion dinars to revitalize agriculture, industry and the housing sector, while noting the allocation of a sum of money to the Ministry of Electricity to supply power stations with fuel.
The Iraqi Economists Association announced that, on Tuesday, the central bank granting financial loan for 23 banks waged for the purpose of supporting small and medium enterprises in the country, indicating that this project will support the private industrial sector and reduce the unemployment rate and also reduce the imports of goods consumed. "
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