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Central Bank: funding programs success depends on the application of the domestic product and consumer protection laws

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Central Bank: funding programs success depends on the application of the domestic product and consumer protection laws Empty Central Bank: funding programs success depends on the application of the domestic product and consumer protection laws

Post  Admin Tue Sep 08, 2015 9:37 am

Tuesday, September 08 2015 17:25



BAGHDAD / Baghdadi News / ... the central bank announced Tuesday that its funding unleashed for the advancement of the industrial and agricultural sectors as well as stimulate the SME program, depends on the application of the local product protection and consumer protection laws.

The governor of the Central Bank on the Keywords in a press release / Baghdadi News /, received a copy of "funding programs launched by the Bank for the advancement of the industrial and agricultural sectors as well as stimulate small and medium enterprises stop their success on the application of several laws," Mushir that "the amounts the total of those programs amounted to 6 trillion dinars. "

"The most prominent laws that applied depends on the funding programs of the Central Bank's success is the application of the local product protection and the law of the Consumer Protection Act in addition to the tariff law, and the reduction of flooding the local market a notable".

"The funding programs of the Central Bank's success also requires the effective application of the Standardization and Quality Control, and control over land and sea border crossing points where all sorts of manipulation and fraud, forgery, including to Ivot only a large percentage of potential financial receipts for the Treasury, but also lead to damage to the national economy and citizen exercises and society through the introduction of shoddy and Outdated and has lost to the specifications and standards of goods. "

"The central bank is fully aware that his program is to provide and facilitate funding for the initiatives of industrial and agricultural projects is a factor of the Renaissance sectors factors," pointing out that "there are other factors not less important, which requires to make tireless efforts for the application of laws and A'erat related efforts, as well as activating the program Government support in the private sector. "


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