Industrial Bank confirms plans stop supporting the Iraqi Industrialists due to the delay in approving the budget
Industrial Bank confirms plans stop supporting the Iraqi Industrialists due to the delay in approving the budget
05/22/2014 16:44
Tomorrow’s Press / Baghdad: The head of the Industrial Bank of the Iraqi Ministry of Finance’s Mohamed Abdel Wahab, said Thursday that plans for the bank to support Iraqi Industrialists stopped because of the delay in approving the federal budget. said Abdul and inflaming for “tomorrow’s Press”, “The delay in approving the federal budget for the current year Holiday plans adopted by the bank in order to support the largest number of industrialists in Iraq and the development of their projects by 60 billion dinars, “and expressed” his hopes passage of the budget as soon as possible. ” and added that “the Bank granted 115 loans to industrialists and traders during the first quarter of this year through all its branches in the provinces, and he continually grant loans to all segments covered by the grant in accordance with the mechanisms and controls that have been developed taking into account the reduced red tape through the stages of the transaction through bank branches. ” and explained that “support for industrial projects contribute to supporting the national economy and converted from oil to productive multi-and this is what positioned the bank as a plan for the development. ” referred to the state general budget for the current year did not acknowledge until now since I sent the government for nearly three months to the House of Representatives and is awaiting inclusion on the agenda, while stalling the Presidency for inclusion due to the lack of agreement of the political blocs on them.
alghadpress.com
