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Economic parliamentary: loans launched by the central spend on unemployment
September 9, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) a member of the parliamentary Economic Committee Najiba Najib said that loans launched by the Iraqi Central Bank to finance agricultural and industrial projects and housing will significantly contribute to the elimination of poverty and unemployment in the whole of Iraq.
The central bank announced on the 28th of June for readiness to launch five trillion dinars to contribute to the revitalization of Iraqi business market and that its launch is dependent on the receipt of government instructions and mechanisms to monitor the process, explaining that according to the Economic Commission will be allocated 2 trillion Industrial Bank and 2 trillion Agricultural Bank of the importance of these banks in Iraqi market.
She said Najib's (IMN) said that "the central bank financing of small, medium and large enterprises in the field of agriculture, industry, housing is a giant step for the elimination of part of the poverty and unemployment in the whole of Iraq," indicating that "this initiative will support the Iraqi budget of the local product the agricultural and industrial sectors where It will provide job opportunities for citizens in the form of projects through financial grants for the provision. "
She explained that "The country is in urgent need of such projects, formerly the central bank suffers from the presence of mind legal constrained by the lack of funds for loans, now and through the banks support for this initiative has been able to provide two billion dollars for industrial projects and two billion dollars for agricultural projects and one billion dollars for reconstruction projects and housing."
The Central Bank of Iraq announced the start of the largest finance lending programs in Iraq firing process, indicating that it belong to finance industrial and agricultural sectors and housing, also supports small and medium enterprises and revitalizing the Iraqi economy.
And it called on the religious authority last Friday, to rely on the agricultural and industrial side projects to ease the burden on the oil side and to provide more than one source to fill the shortfall in the Iraqi budget.
The Prime Minister Haider al-Abadi agreed to launch the mechanics of granting industrial and agricultural loan and housing at the center of economic reform, noting that based on the first package of reforms presented in the focus of economic reform to stimulate the economy in the country and run the unemployed.
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September 9, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) a member of the parliamentary Economic Committee Najiba Najib said that loans launched by the Iraqi Central Bank to finance agricultural and industrial projects and housing will significantly contribute to the elimination of poverty and unemployment in the whole of Iraq.
The central bank announced on the 28th of June for readiness to launch five trillion dinars to contribute to the revitalization of Iraqi business market and that its launch is dependent on the receipt of government instructions and mechanisms to monitor the process, explaining that according to the Economic Commission will be allocated 2 trillion Industrial Bank and 2 trillion Agricultural Bank of the importance of these banks in Iraqi market.
She said Najib's (IMN) said that "the central bank financing of small, medium and large enterprises in the field of agriculture, industry, housing is a giant step for the elimination of part of the poverty and unemployment in the whole of Iraq," indicating that "this initiative will support the Iraqi budget of the local product the agricultural and industrial sectors where It will provide job opportunities for citizens in the form of projects through financial grants for the provision. "
She explained that "The country is in urgent need of such projects, formerly the central bank suffers from the presence of mind legal constrained by the lack of funds for loans, now and through the banks support for this initiative has been able to provide two billion dollars for industrial projects and two billion dollars for agricultural projects and one billion dollars for reconstruction projects and housing."
The Central Bank of Iraq announced the start of the largest finance lending programs in Iraq firing process, indicating that it belong to finance industrial and agricultural sectors and housing, also supports small and medium enterprises and revitalizing the Iraqi economy.
And it called on the religious authority last Friday, to rely on the agricultural and industrial side projects to ease the burden on the oil side and to provide more than one source to fill the shortfall in the Iraqi budget.
The Prime Minister Haider al-Abadi agreed to launch the mechanics of granting industrial and agricultural loan and housing at the center of economic reform, noting that based on the first package of reforms presented in the focus of economic reform to stimulate the economy in the country and run the unemployed.
[You must be registered and logged in to see this link.]
