Zebari emphasizes the need to make the most of the CBI loan to support Private Sector
Zebari emphasizes the need to make the most of the central bank loan to take advantage of encouraging the private sector
08/26/2015 14:08 pm (Baghdad time)
BAGHDAD scales News
Finance Minister Hoshyar Zebari, Wednesday, managers of both industrial and agricultural and the Land Bank of the ministry the need to make the most of the central bank loan, calling for them to accomplish administrative and financial procedures required, to ensure that money velocity to the citizens of small, medium and large enterprises.
The ministry said in a statement received / scales News / copy of it, "Finance Minister Hoshyar Zebari held today, at the headquarters of the Office of the ministry held a meeting with directors of both industrial and agricultural and Real Estate Bank, to discuss the benefit of the Central Bank loan of five trillion to banks mentioned to support economic activity and the provision of job opportunities for citizens and young people. "
The statement quoted Zebari confirmed during the meeting "the need to make the most of this loan in the sectors covered so that reflected positively on the wheel of the Iraqi economy in encouraging the private sector and national labor."
He called on the Minister of Finance managers of the banks concerned to "the completion of administrative and financial procedures required, and the process of drafting all programs in their respective fields to ensure rapid access this money to the citizens of small, medium and large enterprises."
The cell crisis held its sixth meeting under the chairmanship of Prime Minister Haider al-Abadi first on Monday and approved lending program which is funded by the Central Bank of Iraq $ 5 trillion dinars, as instructed Abadi direct immediately the necessary measures so as to provide real opportunities to stimulate the private sector and reduce unemployment. Finished / u 29-17