Expert: hiring unemployed loans in productive projects will support the economic development
Expert: hiring unemployed loans in productive projects will support the economic development of the country
22-10-2013 12:58 PM
Baghdad (news) .. Called an economist Mohammad al-Hassani, the need to increase the money allocated to fund lending to the unemployed within the budget next year, stressing the importance of hiring loans in productive projects serve the country. Hassani said (of the Agency news): that many of the developed countries in the fields of industrial and agricultural focused on projects small and medium enterprises through support for the unemployed loans finance so as to build the national economy and the elimination of unemployment. continued: This comes through a plan of sustainable development where the strategy and visions of a clear economic according to a specific time period to activate the private sector and to strengthen the national economy through diversification of imports of Finance. added : He must employ the money given to the unemployed in productive projects serve the country, so as to support economic development through the elimination of unemployment and reduce poverty and support the local product. Statistics indicate that small and medium enterprises accounted for about 90% of the total companies in most economies of the world and contribute to about 50% of global gross domestic product (GDP) as they provide (40-80%) of the total employment and the potential role to play in development and contribute to reducing unemployment, so the interest in this type of projects in some countries reached the limit the formation of Ministries to support small and medium-sized enterprises, as happened in France and Malaysia, for example. / End
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