The central bank lifted the financing of small and medium enterprises budget

Author: HH
Editor: AT, HH
09/22/2015 18:00



Long-Presse / Baghdad

The Iraqi Association of private banks, on Tuesday, the central bank launched a half-trillion dinars, with funding allocated to small and medium enterprises of the budget, while confirming that the move will contribute to the revitalization of the private sector and the promotion of work "opportunities for young people."

The association said in a statement received by, the (long-Presse), a copy of which, "The Governor of the Central Bank on the Keywords launched a new initiative on the occasion of today's world peace, an increase of the amount allocated trillion dinars for the financing of small and medium enterprises to trillion and 500 million dinars," asserting that "the new increase It is half trillion dinars. "

She explained Association, said that "loans granted by private banks to enhance job opportunities for young entrepreneurs and which will lead to the result of the stability of society," asserting that "this initiative was to strengthen the role of the private sector and the development of small and medium enterprises and increase job opportunities."

The Central Bank has released the amount trillion dinars allocated for small and medium-sized enterprises are distributed by private banks in a move to revitalize the Iraqi economy in the current circumstances.

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