Trade-based treasury bonds to pay dues peasants

BAGHDAD - balances News
General Company for Grain Trade, Ministry of Commerce, announced Sunday, the adoption of treasury bonds to pay dues peasants.
The trade in a statement received / balances News /, a copy of it, that "the Treasury bonds, which will be distributed to farmers and marketers for the years 2014, 2015 and 2016 will be the obligatory exchange either directly and will be deducted percentage of them in favor of the bank or retained and utilized annual interest amount of 8%." .
The ministry added, "The new mechanism, which will be followed for the payment of financial dues to farmers and marketers will feature hundreds of thousands of names, a new style of work followed by the company for the first time to embrace the receipt of grain marketers since 26 years," noting that "the company's branches began to prepare lists and sent to the for the purpose of the company sent to the Ministry of Finance directly. " Adding that "this work needs to be an accounting New Tab differs from the previous work of the company to the fact that the payment is Treasury bonds."
It is worth mentioning that the move came in implementation of the directives of the General Secretariat of the Council of Ministers to pay those dues to farmers and farmers for Akiem agricultural crops of wheat and rice, ".anthy 29 / p 18