Parliament calls for the economy to develop a strong central control on loans to prevent wastage
Parliament calls for the economy to develop a strong central control on loans to prevent wastage
6/2/2016 14:58
[Baghdad – where]
called in the economic and investment commission member of the parliamentary government to put monitoring mechanism severe and strict own to support industrial and agricultural projects to the private sector amounting to five trillion dinars loans before proceeding with the implementation of this initiative.
He warned Burhan Mamouri in a statement received by all of Iraq [where] a copy of “the consequences of wasting money within the central bank’s Special Initiative to support industrial and agricultural projects to the private sector amounting to five trillion dinars, calling on the government to put monitoring mechanism severe and strict loan before proceeding with the implementation of this initiative.
he said Mamouri that a lot of previous initiatives which wasted hundreds of billions of dinars did not achieve their goals because of the corruption that accompanied these initiatives, noting that “the committee will check each file are lending and follow-up on the ground, whether agricultural or industrial Auskna.
The member of the Committee of economy and investment the initiative is important to move these sectors, which will be reflected in the form of productive projects reduce imports in addition to shred job opportunities for the unemployed, but past experience leads us to take real guarantees to each loan and be a real project connote citizen of the country in general. is over
alliraqnews.com
