Abadi agrees to issue bonds to pay dues contractors

Sunday 10-04-2016 | 2:04:10

Twilight News CBI / announced approval of a cell of the financial crisis by issuing government bonds for the payment of contractors and suppliers on the state institutions.

The financial crisis cell headed by Prime Minister Haider al-Abadi.

The bank said in a statement responded to the Twilight News, you can deduct those bonds at banks or sold in the market, as can be provided for loans and be considered a guarantee for loans at full face value.

Bank added that this decision will contribute to ending the problem of entitlements and its aftermath, will also launch to stimulate economic activity and moving the work environment in all sectors.