Central Bank: crisis cell has agreed to a proposed issuance of government bonds to pay dues Contractors
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Central Bank: crisis cell has agreed to a proposed issuance of government bonds to pay dues Contractors
Admin Sun Apr 10, 2016 9:20 am
April 10, 2016 13:44
BAGHDAD / WAP / Iraqi Central Bank announced on Sunday, for the approval of the financial crisis cell on the proposal to issue government bonds for the payment of contractors and suppliers on the state institutions.
The bank said in a statement received by the Agency for International News BAGHDAD / WAP /, a copy of it, that "the financial crisis cell headed by Prime Minister agreed to the proposal of the Central Bank to issue government bonds for the payment of contractors and suppliers of state institutions."
The statement added that "those bonds can be deducted when banks or sold in the market, as can be provided for loans and be considered a guarantee for loans at full face value."
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