Council of Ministers decides to support the national product and increase the capital of the Rafidain and Rasheed

Tuesday, May 15, 2012 18:26

BAGHDAD / Baghdadiya News / .. Council of Ministers decided, on Tuesday, bought the product to the national ration card items and increasing the capital of the Rafidain and Rasheed.

He said government spokesman Ali al-Dabbagh said in a statement to the Agency / Baghdadiya News / The Council of Ministers decided to “allow the Department of Commerce to buy the national product of the ration card items at a preferential rate (5%) up to a maximum of the price of the imported product, in order to encourage private industry and public.”

Dabbagh said the cabinet also decided to “study the possibility of buying material sunflower oil produced by the company Sun My Food Industries Co. Ltd. for the processing (20,000) tons (twenty thousand tons) at a price equivalent to 1804 (one thousand eight hundred and four dollars / ton) in Iraqi dinars for a period of delivery six months and in a manner Cash. “

Ali al-Dabbagh said the Cabinet had agreed to “increase the capital of the Rafidain Bank (400) billion Iraqi dinars, and increasing the capital of the Rasheed Bank to (300) billion Iraqi dinars, and the general reserve of the banks mentioned,” / Finished / 21 / or.