Economist: Central development banks will lend 6.5 trillion dinars to stimulate the private sector
Economist: Central development banks will lend 6.5 trillion dinars to stimulate the private sector
Date: 10/22/2015 09:49
Information / special / ..
detect economic expert on behalf of Anton, Thursday, for the determination of the Iraqi Central Bank lending to the Iraqi development banks $ 6.5 trillion dinars can be increased for the purpose of stimulating economic sector in the next year.
He said Anton told / information /, that “the general budget 2016 has given the area of the private sector with the participation of the state in development projects in order to create jobs, while the private sector will get loans from local development banks that Sakarzha Central Bank of Iraq.
“He added that” the central bank law does not allow the bank’s direct lending to the private sector, but allow its laws lend to banks development, and therefore the central bank will lend to these banks with 6.5 trillion can be increased, which in turn, the private sector will be given loans to development.
“said Anton,” This loan will be distributed to grant five trillion to industry, agriculture and housing sectors will be equally, as will be distributed trillion and a half to medium-sized enterprises and simple “.anthy / 25 m
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