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Expert: loans reclassified in order to ensure the success of its goals
10/21/2015 0:00
BAGHDAD
in order to ensure the success of the lending process adopted by the central bank to stimulate the economic reality in Iraq, is interested in economic affairs stressed the need to link policies and loan mechanisms approaching sectoral.
Economist Adel Abou loaf noted in his statement «morning» to the success of the loan to contribute to the revitalization process the economic reality in Iraq, which issued its mechanisms the central bank must rely on specific interim policy to be either production base building, or activate the reality of sectors or stimulating work sectors.
Abu loaf and saw that the loans allocated by the central sectors, especially the industrial sector is not adequate for the advancement of its value It is equivalent to 33 percent of the value of (5 trillion dinars) on the grounds that he would be distributed to the provinces, stressing that the adoption of the foundations of true in this sector, by selecting the type of industry that are meant revitalize and rebuild its base productivity, and follow the principle of import substitution and the allocation of loans to industries specific at this stage.
He explained that the industry that have the ability to compete food Kalsnaat, you can create joint stock companies for the purpose of launching loans and bridging the country's need of these products Kalolban, juices and other food from Canned Ajpas, to enable the involvement of all industrialists even workers in the industrial activities of food and to ensure the creation of distribution opportunities for fair and productive to contribute in every province companies.
In the next stage Vnoh expert activate other industries to be there to see one in the first stage, and the type of industries that go to it loans to be able to compete in the market, with an emphasis on non- go loans to other industries not identified in the first phase,
through market research and international industries.
and tied loans adopted by the central bank, according to Abu loaf of 0.33 percent to the industrial sector, 33% of the agricultural sector, 17 percent to the housing fund, 17 percent of the bank mortgage, of the value of (5 trillion dinars), while emphasizing the need to link lending economic policy of the country's policy.
In order to integrate policy loans with the integration of sectors with each, an expert need to work the agricultural sector in parallel with the industry to provide raw materials for industries adopted in the first phase, according to the Besides the preparation of studies and organization of imports, particularly imported goods that have yet healthy, environmental and economic dimension, which leads to integration with sectoral policy loans policy, therefore animate and energize the economic cycle in the country.
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