Review of government loans

Thamer Hymes
Cooperation and activating it in the elimination of financial and economic clashes, must be essential after many visions have fallen, through the results of an encouraging, if not just a process of retreat. But we have a legacy in the field of cooperation and mixed, although it was prevailing is the experience of the public sector as a whole.
The issue raised by d. Mohammed Saleh, the collection of loans to establish a real development project comes very appropriate in the activation of loans and funds ready and did not do (6 trillion dinars), the value of the loan to 100 million dinars.
In practice, some of these loans went to buy a taxi or open a shaver or a supermarket, which is just a patchwork solution for unemployment and dropping imposition. For example, under the proposal for the collection of loans there are six thousand government and non-government projects have not been completed and received 30 60 percent of their allocations, Full allocation, why not be a pot of 6 trillions dinars assessed as loans.
For example, the Hilla Textile Factory, which was destroyed by the 2010 bombing, is why the beneficiaries of the loans are not invited to enter as directors of the plant as shareholders to rehabilitate the plant. The factory is dependent on the lender.
As well as in the housing sector, there are many projects of economic feasibility and lack of money; and the agricultural sector in need of many projects to cover the need of the market and applies to modern plant oils and the food industry in general.
Therefore, the loan for the eligible under this heading (small collection loans) to meet the unemployment is exacerbated annually at least in the meals of graduates of universities, institutes and secondary schools.
Requires the government to activate the proposal as the best alternative because the projects that have been funded and followed up turned into a financial burden only make banks suffer the problem of payment only.
Is it possible to restore prosperity to our industrial and agricultural production and expand the cultivation of wheat fields typical, especially after the restoration of Mosul?
Achieving this would require a reduction in imports, since we imported only $ 78 billion in 2015, mostly random consumption.
This is why we need this process if we want to succeed in a package of laws that support and guarantee its success through the public shareholders and presumed and impose their requirements to succeed through the package of laws and benefit from the academic experience in the universities and their scientific potential.

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