To revive the labor market as a tribute to the government launched a trillion dinars to support projects

12/11/2016 0:00

BAGHDAD / Farah pumice
Experts and specialists welcomed the orientation of the government to launch a trillion dinars and distributed among private banks Kkarod.oukal financial expert Thamer al-Azzawi, the "morning": "This step will contribute to moving the capital market and domestic work."
But the "banks of these funds channeled properly."

Economic Adviser to the Prime Minister Dr. appearance of Mohammed Saleh announced yesterday (Thursday) that "the Iraqi Central Bank will distribute loan trillion dinars between private banks estimated fair, under the controls and the ability to manage it."



Diverse projects
"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 "the existence of Marqlat on the loan or the delay in the distribution." .

For his part, welcomed the competent economic and political affairs Rahim Al Shammari this step. Shammari called to monitor the process of granting loans to the beneficiaries, since it is on private banks to give investors real young to set up small and medium enterprises contribute to the movement not too bad in the labor market.



local Industries
It referred to as the Central Bank Governor Ali Mohsen Keywords conducted last week a series of visits included a number of private banks to identify the main obstacles and challenges faced by banks in order to reach one goal, a financial and economic stability.

Industrial expert Aqil Al-Saadi also praised in a statement the "morning" that the government's drive "is important."

Al-Saadi said: "The plan will contribute to moving the labor market, particularly with regard to domestic industries."

He pointed out that "the distribution of loans is the right step, especially the government, committees and task forces that have shaped this regard took it upon themselves to promote the economy by sectors Alantegean the most important (industry, agriculture).



Stimulate the private sector
And it launched the General Secretariat of the Council of Ministers recently, finance sector and the free loan projects initiative. According to the Secretary General of the Council of Ministers Mahdi Keywords, "The initiative aims to develop the first step in restoring the private sector to track and its role in building a strong economy and quick access function of the projects and the dynamics of the economy and operator labor and producing as much as possible the needs of the country and in all the industrial, service and commercial sectors and agriculture and other important sectors. "

As deputy chairman of the parliamentary Economic Committee Harith al-Harthy: "The bank, which was distributed in specific proportions between the real estate and agriculture, investment banks loan longer sections of local industry development projects open for those wishing to implement."

He said in a press statement that "the Amendment Act No. 13 of 2006 guarantees the investor a broader in terms of work and openness to the country and local industry economy in order to raise the level of economic areas, especially that it was delayed for production and faded somewhat in the last period."

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