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Economic Adviser to the Prime Minister: No lingered launched a specialized bank loans
~ Baghdad
Sunday-6 Sep 2015
denied the prime minister for economic affairs adviser appearance of Mohammed Saleh, on Saturday, reports that lingered government launched a lending program which is funded by the Iraqi Central Bank in the amount of five trillion dinars for the sectors of industry, agriculture and housing, with the detection of the formation of committees to study and monitor the projects submitted . He said the appearance of Mohammed Saleh in a press statement that "the Iraqi government is serious about the development of the economy and support projects that help the Iraqi citizen and provide him with well-off," noting that "the government is working to create an atmosphere for the development of the five amount trillion dinars provided by the Central Bank of Iraq in the right place ".onvy favor," the rumors in some media about lingered launch of this amount, "stressing" the government's determination to proceed with the implementation of projects and achieve the goal required beyond those amounts ".sv favor, for" the formation of a committee to follow up the projects submitted by the banks sectoral allocated amount, "pointing out that" the Committee's mission is to study the projects submitted by those banks that serve the real beneficiary, a citizen ".ccant cell crisis acknowledged, earlier, the lending program, which is funded by the Iraqi Central Bank in the amount of five trillion dinars for industry sectors , agriculture and housing, as instructed Prime Minister Haider al-Abadi immediately proceed with the necessary procedures. It is said that the central bank announced, in (8 August 2015), the launch of an initiative to support the agricultural, industrial, 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, confirmed they come to avoid foreign loans. He was an economic advisor to the prime minister said that the fall in world oil prices to around $ forty is a matter of "great concern" for Iraq, while between the treatment that should be done by pressing the spending and borrowing for the establishment of productive projects, stressed the need for support and the assignment of the private sector through legal regulations and procedures facilitate Amaamlath.ccant press reports spoke of, US crude fell below $ 40 a barrel, the first time since the 2009 financial crisis, after reaching nearly $ 120 last summer 2014. He expected the International Monetary Fund, in a former high proportion of the deficit in the budget of 2015 to more than the proportion of 12% announced by the Government time, to "significantly higher levels", because of lower oil prices and the weakness of the possibility of Iraq's commitment to export 3.3 million barrels per day, and assume the budget, Proposed implementation of reform measures include strict austerity in investment projects, and a commitment to reducing expenses, and reconsider the limits of central bank sales of the currency, adding to the overall growth contraction, and the prospect of rising inflation slightly the end of this year. In another context, counting the appearance of Mohammed Saleh credit rating awarded by the US agency, "S & P" for Iraq unfair, noting that Iraq was contemplating getting rating of Oaly.ooalent credit rating agency "Standard & Poor's" last Thursday for granting Iraq grade "B- "Within the global rating on the sovereign debt because of the continuing security strike as a result of the battles against Daash Alarhabiyh.oukal gangs favor in a press statement that" the credit rating issued by the agency Standard & Poor's unfair, and it is something of militancy, even though the country's cash-strapped and the war on terrorism. " Saleh pointed out that "Iraq for the first time gets a credit rating, and this rating confirms Iraq is able to fulfill its financial debts," adding that it was expected that Iraq gets a rating of B +. conducted a government delegation including the ministers of finance and planning and government consultants during the month of June, a series of meetings in the Turkish capital with three international banks and the Bretton Rodez and Fitch credit rating as a prelude to issue bonds worth $ 5 billion.
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~ Baghdad
Sunday-6 Sep 2015
denied the prime minister for economic affairs adviser appearance of Mohammed Saleh, on Saturday, reports that lingered government launched a lending program which is funded by the Iraqi Central Bank in the amount of five trillion dinars for the sectors of industry, agriculture and housing, with the detection of the formation of committees to study and monitor the projects submitted . He said the appearance of Mohammed Saleh in a press statement that "the Iraqi government is serious about the development of the economy and support projects that help the Iraqi citizen and provide him with well-off," noting that "the government is working to create an atmosphere for the development of the five amount trillion dinars provided by the Central Bank of Iraq in the right place ".onvy favor," the rumors in some media about lingered launch of this amount, "stressing" the government's determination to proceed with the implementation of projects and achieve the goal required beyond those amounts ".sv favor, for" the formation of a committee to follow up the projects submitted by the banks sectoral allocated amount, "pointing out that" the Committee's mission is to study the projects submitted by those banks that serve the real beneficiary, a citizen ".ccant cell crisis acknowledged, earlier, the lending program, which is funded by the Iraqi Central Bank in the amount of five trillion dinars for industry sectors , agriculture and housing, as instructed Prime Minister Haider al-Abadi immediately proceed with the necessary procedures. It is said that the central bank announced, in (8 August 2015), the launch of an initiative to support the agricultural, industrial, 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, confirmed they come to avoid foreign loans. He was an economic advisor to the prime minister said that the fall in world oil prices to around $ forty is a matter of "great concern" for Iraq, while between the treatment that should be done by pressing the spending and borrowing for the establishment of productive projects, stressed the need for support and the assignment of the private sector through legal regulations and procedures facilitate Amaamlath.ccant press reports spoke of, US crude fell below $ 40 a barrel, the first time since the 2009 financial crisis, after reaching nearly $ 120 last summer 2014. He expected the International Monetary Fund, in a former high proportion of the deficit in the budget of 2015 to more than the proportion of 12% announced by the Government time, to "significantly higher levels", because of lower oil prices and the weakness of the possibility of Iraq's commitment to export 3.3 million barrels per day, and assume the budget, Proposed implementation of reform measures include strict austerity in investment projects, and a commitment to reducing expenses, and reconsider the limits of central bank sales of the currency, adding to the overall growth contraction, and the prospect of rising inflation slightly the end of this year. In another context, counting the appearance of Mohammed Saleh credit rating awarded by the US agency, "S & P" for Iraq unfair, noting that Iraq was contemplating getting rating of Oaly.ooalent credit rating agency "Standard & Poor's" last Thursday for granting Iraq grade "B- "Within the global rating on the sovereign debt because of the continuing security strike as a result of the battles against Daash Alarhabiyh.oukal gangs favor in a press statement that" the credit rating issued by the agency Standard & Poor's unfair, and it is something of militancy, even though the country's cash-strapped and the war on terrorism. " Saleh pointed out that "Iraq for the first time gets a credit rating, and this rating confirms Iraq is able to fulfill its financial debts," adding that it was expected that Iraq gets a rating of B +. conducted a government delegation including the ministers of finance and planning and government consultants during the month of June, a series of meetings in the Turkish capital with three international banks and the Bretton Rodez and Fitch credit rating as a prelude to issue bonds worth $ 5 billion.
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