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Next month launch a loan of 5 trillion
2/11/2015 0:00
BAGHDAD
announced the economic and investment commission parliamentary launch five trillion loan in the next month, pointing out that the loan would give the central bank and the banks interest rate of 2 percent to be given to the citizen interest rate of 4 percent.
Member of the Committee of Economy and Investment Abdul Salam al-Maliki said the formation of a higher committee to follow up on the granting of loans To avoid wastage of funds or corruption, whether in banks or committees, noting that the loans will be launched in the next month.
Maliki said, in an interview for »morning» ,: that the sub-committees set up to monitor the amounts launched by the central bank since the economic and investment commission in Parliament It will exercise its supervisory role, according to customs clearance issued by the Council of Ministers to monitor the expenditure of these loans », indicating that« according to the launch of loan mechanisms, the money will not be given by hand, but according to the rates of the projects prepared for this purpose ».
The member of the Committee to «the completion of all the mechanisms on the subject», pointing that the central bank will launch a money banks concerned the middle of this month and then the committees, regardless of money and loans to beneficiaries next month, according to the legal mechanisms in place in institutions ».
in turn, made it clear to the Committee of Economy member Najiba Najib» Sabah »that due to the importance of launching loans agricultural sectors Project and industrial and housing, in order to move the market and provide job opportunities and support the GDP has been the formation of a committee to follow up the money and protection from corruption or nepotism or clientelism and mechanisms used by these banks.
Najib, adding that the facilities will be provided through the website are offered the project of the same person or his agent and showed that there are powers given to the bank branches in the provinces, noting that the amounts awarded will be interest-bearing at 4 percent of the loan amount.
The Prime Minister Haider al-Abadi had instructed, earlier, to proceed with the 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.
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2/11/2015 0:00
BAGHDAD
announced the economic and investment commission parliamentary launch five trillion loan in the next month, pointing out that the loan would give the central bank and the banks interest rate of 2 percent to be given to the citizen interest rate of 4 percent.
Member of the Committee of Economy and Investment Abdul Salam al-Maliki said the formation of a higher committee to follow up on the granting of loans To avoid wastage of funds or corruption, whether in banks or committees, noting that the loans will be launched in the next month.
Maliki said, in an interview for »morning» ,: that the sub-committees set up to monitor the amounts launched by the central bank since the economic and investment commission in Parliament It will exercise its supervisory role, according to customs clearance issued by the Council of Ministers to monitor the expenditure of these loans », indicating that« according to the launch of loan mechanisms, the money will not be given by hand, but according to the rates of the projects prepared for this purpose ».
The member of the Committee to «the completion of all the mechanisms on the subject», pointing that the central bank will launch a money banks concerned the middle of this month and then the committees, regardless of money and loans to beneficiaries next month, according to the legal mechanisms in place in institutions ».
in turn, made it clear to the Committee of Economy member Najiba Najib» Sabah »that due to the importance of launching loans agricultural sectors Project and industrial and housing, in order to move the market and provide job opportunities and support the GDP has been the formation of a committee to follow up the money and protection from corruption or nepotism or clientelism and mechanisms used by these banks.
Najib, adding that the facilities will be provided through the website are offered the project of the same person or his agent and showed that there are powers given to the bank branches in the provinces, noting that the amounts awarded will be interest-bearing at 4 percent of the loan amount.
The Prime Minister Haider al-Abadi had instructed, earlier, to proceed with the 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.
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