Iraqi banks: An Increase of half trillion dinars for small enterprises
Tuesday, 22 September 2015 15:11

Shafaq News / The Iraqi private banks association announced on Tuesday a half-trillion Iraqi dinars increase to enhance the role of the private sector and the development

of small and medium enterprises and increase job opportunities.

The Association said in a statement quoting the central bank governor , Ali Ismail al-Alaq that "a new initiative was launched on the occasion of the World Day for Peace, an increase of one amount trillion to one and a half trillion granted within the financing of small and medium enterprises initiative and by private banks to enhance job opportunities for young entrepreneurs which will lead to the stability of society. "

It is worth mentioning that the Central Bank of Iraq has launched a $ 1 trillion dinars allocated for small and medium-sized enterprises distributed by private banks in a move to revitalize the Iraqi economy in the current circumstances.