6 trillion dinars and then what?

1/9/2015 0:00

Editor
Sentry warned by the beneficiaries of the massive amounts launched by the Iraqi Central Bank to support the allocative banks for small and medium-sized enterprises a contribution to the revitalization of production and service projects and $ 5 trillion dinars industrial banks, agricultural, housing and trillion dinars for private banks to finance small and medium enterprises.

In contrast, the Anzaralamtrbesan open to acquire these funds without the benefit flowing into the target, the central bank the delay in the implementation of measures to while placing controls the court and the conditions to take advantage of these amounts, the committees working day and night to propose mechanisms lending and implementation requirements and guarantees of directing loans towards activating the productive sectors .

Legitimate fears of whales corruption to acquire them strict warnings and launched by economists to reduce the chance of tampering with the historical development has been through this be the last capable of resolving the economic recession due to falling oil prices, finance.

The launch of loans means to further the development is able to diversify its sources of income and absorb unemployment by providing job opportunities provided to improve the provisions on lending and in accordance with the requirements of the stage. We strongly believe that these amounts if employed properly, it will work in resolving the national economy, we need to be aware that lending mechanisms alone are insufficient unless accompanied by a control device is closely following trends and whether loans Todv in the fields to the economic viability of lending to materialize.

Perhaps most importantly, provide information on projects that can take raw in lending this regard to industrial ones, which of the requirements to provide necessary to Adama raw materials momentum production and its ability to compete with imported goods, and primitive from the food industry projects as contributing to the revitalization of industry and agriculture in that one.

Eight need requires study the effect of housing loans which funded by the Housing Fund and bank real estate and achievements of the aim of adopting the best way in lending that if any such information is otherwise .. Read on loans peace without achieving any goal nipped small and medium enterprises, we have words later on them.

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