Adviser to the Prime Minister: Central bank loan to domestic banks will stimulate the economic cycle in Iraq

Network Iraqi position

In order to develop the local economy and resolve the economic problems of the citizens and the support to the initiative of loans launched by the Iraqi Central Bank, Economic Adviser to the Prime Minister, "the appearance of Mohammed Saleh," stressed that "the Iraqi Central Bank will distribute loan trillion dinars on private banks estimated fair, under the controls and the ability to manage it ".

The "fit" in a statement (the Iraqi position) that "the loans will include small and medium enterprises that are active capital and the economic cycle in Iraq," noting that "some of the complaints which may be raised by the private banks, but the central bank is able to solve them," denying " Barriers exist on the loan or the delay in the distribution. "

The Governor of the Central Bank, "Ali Mohsen Keywords" held this week a series of visits included a number of private banks to determine the main obstacles and challenges faced by banks in order to reach one goal, a financial and economic stability.

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Central Bank distributes loans to private banks and adviser Abadi prepared by activation of the Iraqi economy


Author: HH, NS
Editor: HH, NS
10/11/2016 10:06



Long-Presse / Baghdad

Prime Minister of Financial Affairs Advisor to detect the appearance of Mohammed Saleh, said Thursday that the Iraqi Central Bank will distribute loans to private banks, and counted with activation of the Iraqi economy, he confirmed the inclusion of small and medium enterprises such loans.

He said the appearance of Mohammed Saleh, said in a statement received (range Press), a copy of it, that "the aim of the local economy development and solving the economic problems of the citizens and the support to the initiative of the loans of the Central Bank of Iraq will be distributed loan trillion dinars on private banks estimated fair, under the controls and the ability to manage it "noting that" the loans will include small and medium enterprises that are active capital and the economic cycle in Iraq. "

Saleh added that "some of the complaints which may be raised by the private banks, but the central bank is able to solve them," denying "the existence of Marqlat on the loan or the delay in the distribution."

The Governor of the Central Bank and the Agency Ali Mohsen Keywords, this week conducted a series of visits included a number of private banks to determine the main obstacles and challenges faced by banks in order to reach one goal, a financial and economic stability.

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