Home
[You must be registered and logged in to see this image.]
Abadi Office announces restructuring of the Iraqi economy by firing 6.5 trillion dinars soft loans
Baghdad / long-Presse
Abadi Office announces restructuring of the Iraqi economy by firing 6.5 trillion dinars soft loans
Baghdad / long-Presse
Counting the Information Office of the Prime Minister, Haider al - Abadi, that the launch ofresidential, industrial and agricultural loans, amounting to 6 trillion and 500 billion dinars, constitutes a "quantum leap" for the restructuring of the Iraqi economy and address the "imbalance" , which is currently suffering from it, indicating that it aims to enable the private sector to take role for the advancement of economic reality and overcome the difficulties they are facing, and to provide cash needed for the rehabilitation or theestablishment of factories and modern labs, and reduce the recession - induced decline in oil prices.
a spokesman for the office, Saad al - Hadithi, in a press briefing that , which I followed ( the long - Presse), said that " the government launched its lending, its commitment to the application of the comprehensive reform program announced by a few months ago hubs ", noting that" the Council of Ministers approved in its meeting on Tuesday (31st of May 2016), to launch a government loan to the sectors of housing, industry and agriculture form in the amount of six trillion and 500 billion dinars, in the context of economic reform , thefocus of which is seeking through the government to restructure the Iraqi economy and guidance that willensure his stay on a sound footing, and diversifying its sources , and transportation of the economy of a yield to the production and transformation of the economic system of the State of the consumer system to a multi - resource production system. "
the newborn, " the approval comes on the immediate launch of loans to constitute a quantum leap in therestructuring of the system of the Iraqi economy and the stage milestone in the path of the development of anew vision to address the situation of imbalance which is currently suffering from that emerged almost traveled far the collapse in oil prices in global markets , which makes it imperative for the government track start processors radical and decisive in the context of pushing for the recovery of the economic situation of the country , "noting that" the government 's vision in this regard is to enable the private sector to take a role in promoting the economic reality of the country by overcoming the difficulties it faces, and to provide cash needed through soft loans , the benefits of appropriate for the rehabilitation or the establishment of factories and modern laboratories, and helping to move the market economy, and reduce the recession , which happened due to lower oil prices. "
explained the spokesman, that" the objectives of the loan is to provide new job opportunities for the private sector is estimated at 250 thousand jobs , including young people, graduates, women breadwinners, people with special needs, and the rural population, in the housing sectors, construction, industry and agriculture, as well as assistance in dealing with the housing crisis, the administration or the purchase of more than 36 thousand units , "pointing to" the government also aims to encourage the private sector to rehabilitate and operation of laboratories productivity stalled. "
said Sabri, that" the government is also trying to introduce modern techniques , including more than 330 plants or factories, and manufacturing of raw materials and supplies industry and industries for agricultural and industrial manufacturing, and encourage projects that take place within the industrial cities, and reduce the import of goods and products through production alternatives goods national industry Iraqi agricultural products including more than 50 commodity or an Iraqi product , "pointing out that" the targets also include promoting national exports competitive products and goods of other countries, producing ten of goods for export, and the legalization of foreign currency supply and reduce the demand for them by ten percent ". And on the lending mechanisms, said a spokesman for the Information Office of the devotional, it "includes splitting the proportion allocated to lend money to the various sectors and the first of the housing sector, through the allocation of a thousand and 700 billion dinars for the housing fund and the bank 's real estate, and the second is the industrial sector, which has been designated a thousand and 650 billion dinars during the industrial Bank, and the third of the agricultural sector, the allocation of a and 650 other dinars billion agricultural bank, to allocate thousand and 500 billion dinars microenterprise through the private banks ,"stressing that" the distribution of those loans to the provinces will be on according to the credit of a plan submitted by the concerned bank and by 80 percent as a benchmark for rates of population and 20 percent as the standard for the degree of poverty in the province, and that the student loan Iraqi or association or individual Iraqis aged 22 years and over the company eligibility and complete, and that the interest on loans for the housing sector be increased by two percent and four percent for the rest of the species. "
He continued newborn, that " the amounts allocated for each loan to be by 50 million dinars for housing, while be the industrial and agricultural sectors loans by 500 million dinars a maximum of small businesses, and three billion dinars maximum medium enterprises, to be awarded major projects worth more than three billion dinars, loans are not worth more than 20 billion dinars maximum, "Msttrda that" the payment of strategic projects that more than 20 billion dinars loans, to be in ten years for a loan housing, and five years for other loans except the grace period in the amount of one year from the date of the first installment disbursement of the loan applicant. "
He added the spokesman, that" the concerned bank should be the launch of the website hotline phone to follow up on the borrower stages of completing his treatment service, with the adoption of on- site detection of the project to be financed and the guarantee of real estate, if any, and electronic systems and thepotential of in order to control projects and follow - up of good implementation, and link those systems thegeneral management of the Bank, and to provide monthly reports of the Supreme Committee supervising the lending programs and posted on the bank 's site and the High Commission, with the formation of the General Directorate of Bank of follow - up committees to verify the proper implementation of the project and thecontinuation of his work and scrutiny of grants made by the procedures . "
the Prime Minister Haider al - Abadi, honest ( the ninth of March 2016), to lend the special housing fund mechanisms loans the central bank's five trillion Iraqi dinars, as stipulated distribution of loans standard adoption population ratio and the degree of poverty for each province mechanism, stipulated also that theloan no more than 50 million paid to the beneficiary in two installments.
a spokesman for the office, Saad al - Hadithi, in a press briefing that , which I followed ( the long - Presse), said that " the government launched its lending, its commitment to the application of the comprehensive reform program announced by a few months ago hubs ", noting that" the Council of Ministers approved in its meeting on Tuesday (31st of May 2016), to launch a government loan to the sectors of housing, industry and agriculture form in the amount of six trillion and 500 billion dinars, in the context of economic reform , thefocus of which is seeking through the government to restructure the Iraqi economy and guidance that willensure his stay on a sound footing, and diversifying its sources , and transportation of the economy of a yield to the production and transformation of the economic system of the State of the consumer system to a multi - resource production system. "
the newborn, " the approval comes on the immediate launch of loans to constitute a quantum leap in therestructuring of the system of the Iraqi economy and the stage milestone in the path of the development of anew vision to address the situation of imbalance which is currently suffering from that emerged almost traveled far the collapse in oil prices in global markets , which makes it imperative for the government track start processors radical and decisive in the context of pushing for the recovery of the economic situation of the country , "noting that" the government 's vision in this regard is to enable the private sector to take a role in promoting the economic reality of the country by overcoming the difficulties it faces, and to provide cash needed through soft loans , the benefits of appropriate for the rehabilitation or the establishment of factories and modern laboratories, and helping to move the market economy, and reduce the recession , which happened due to lower oil prices. "
explained the spokesman, that" the objectives of the loan is to provide new job opportunities for the private sector is estimated at 250 thousand jobs , including young people, graduates, women breadwinners, people with special needs, and the rural population, in the housing sectors, construction, industry and agriculture, as well as assistance in dealing with the housing crisis, the administration or the purchase of more than 36 thousand units , "pointing to" the government also aims to encourage the private sector to rehabilitate and operation of laboratories productivity stalled. "
said Sabri, that" the government is also trying to introduce modern techniques , including more than 330 plants or factories, and manufacturing of raw materials and supplies industry and industries for agricultural and industrial manufacturing, and encourage projects that take place within the industrial cities, and reduce the import of goods and products through production alternatives goods national industry Iraqi agricultural products including more than 50 commodity or an Iraqi product , "pointing out that" the targets also include promoting national exports competitive products and goods of other countries, producing ten of goods for export, and the legalization of foreign currency supply and reduce the demand for them by ten percent ". And on the lending mechanisms, said a spokesman for the Information Office of the devotional, it "includes splitting the proportion allocated to lend money to the various sectors and the first of the housing sector, through the allocation of a thousand and 700 billion dinars for the housing fund and the bank 's real estate, and the second is the industrial sector, which has been designated a thousand and 650 billion dinars during the industrial Bank, and the third of the agricultural sector, the allocation of a and 650 other dinars billion agricultural bank, to allocate thousand and 500 billion dinars microenterprise through the private banks ,"stressing that" the distribution of those loans to the provinces will be on according to the credit of a plan submitted by the concerned bank and by 80 percent as a benchmark for rates of population and 20 percent as the standard for the degree of poverty in the province, and that the student loan Iraqi or association or individual Iraqis aged 22 years and over the company eligibility and complete, and that the interest on loans for the housing sector be increased by two percent and four percent for the rest of the species. "
He continued newborn, that " the amounts allocated for each loan to be by 50 million dinars for housing, while be the industrial and agricultural sectors loans by 500 million dinars a maximum of small businesses, and three billion dinars maximum medium enterprises, to be awarded major projects worth more than three billion dinars, loans are not worth more than 20 billion dinars maximum, "Msttrda that" the payment of strategic projects that more than 20 billion dinars loans, to be in ten years for a loan housing, and five years for other loans except the grace period in the amount of one year from the date of the first installment disbursement of the loan applicant. "
He added the spokesman, that" the concerned bank should be the launch of the website hotline phone to follow up on the borrower stages of completing his treatment service, with the adoption of on- site detection of the project to be financed and the guarantee of real estate, if any, and electronic systems and thepotential of in order to control projects and follow - up of good implementation, and link those systems thegeneral management of the Bank, and to provide monthly reports of the Supreme Committee supervising the lending programs and posted on the bank 's site and the High Commission, with the formation of the General Directorate of Bank of follow - up committees to verify the proper implementation of the project and thecontinuation of his work and scrutiny of grants made by the procedures . "
the Prime Minister Haider al - Abadi, honest ( the ninth of March 2016), to lend the special housing fund mechanisms loans the central bank's five trillion Iraqi dinars, as stipulated distribution of loans standard adoption population ratio and the degree of poverty for each province mechanism, stipulated also that theloan no more than 50 million paid to the beneficiary in two installments.
[You must be registered and logged in to see this link.]
» MM&C 5/9/24 The Federation of Chambers of Commerce and the European Union discuss cooperation to fin
» MM&C 5/9/24 Customs, security and economic aspects
» Union of Arab Banks: Iraq's environment encourages investment
» Government advisor: Movement to recover bad debts for the benefit of the Iraqi Trade Bank
» The International Development Bank announces the opening of its new branch in Erbil
» Oil seeks to convert refinery products to “Euro 5”... high quality and environmentally friendly
» Budget delay: the cry for help for paralyzed services and disrupted dreams
» Oil: Completion of projects to improve the quality of petroleum products, and others are under imple
» Chairman of the Securities Commission: 3 million shares, average daily trading volume
» Tamim calls on the countries participating in the meetings of the Arab Administrative Development Or
» Parliamentary Endowments: 39 thousand pilgrims, Iraq’s share, and waiving the religious obligation i
» Washington refers to Iraqi legislation that “does not harm” his international presence, and Baghdad
» Deputy: Extending the legislative term depends on sending the budget schedules
» Parliamentary Legal: 88 draft laws on the parliamentary shelf
» The head of the movement denies any Iraqi-American negotiations to remove the coalition
» A deputy expects to resolve the issue of electing the Speaker of Parliament next week
» Obtaining the approval of the Minister of Electricity to fill the energy shortage in Dhi Qar
» Economist on the decline in dollar prices: My time and it will not reach its official price
» The Iraqi Ministerial Council for National Security approves the 2024-2028 strategy
» Mulla Bakhtiar: Nechirvan Barzani's visit to Iran melted the ice between Erbil and Tehran
» Password "78"... Why did the Sudanese government's interrogations and noisy sessions decline?
» JP Morgan forecasts an increase in the oil capacity of Iraq and other countries in 2025
» Turkish Minister of Transport: The development road will cost $20 billion
» The Supreme Committee for Reconstruction and Investment approves a package of strategic projects
» Work: Preparing a unified national strategy to create job opportunities for youth
» The Prime Minister's financial advisor reduces the risks of the budget deficit
» Sudanese announces the signing of an agreement with Japan to finance small and medium enterprises in
» Government Advisor: The Securities Commission represents the governance base for promoting financial
» A unified national strategy to create job opportunities for youth
» A one-week deadline to decide the position of Speaker of Parliament
» Parliament: We coordinate with the competent regulatory authorities to examine medicines
» The Commission suspends the Kurdistan Parliament's voting procedures
» $100 million to localize the pharmaceutical industry
» Increase in external remittances at the Central Bank
» A government advisor reduces the risks of a budget deficit
» Culture: We seek to invest in the stability of the country to advance the tourism sector
» Integrity announces the results of a questionnaire on bribery in real estate registration department
» Parliament comments on Sudanese plan to restructure the government apparatus: It needs radical refor
» The dollar rises again against the Iraqi dinar in Baghdad
» Politician: The government does not deal transparently with the issue of expelling the Americans
» A government bank participating in an accounting project
» Masrour Barzani: The Kurdistan Regional Government has implemented all its obligations and duties
» French Consul: France strengthens relations with the Kurdistan Region
» Studies Center: Sudanese faces the challenges of maintaining sustainable relations with the United S
» “The absence of democracy is not possible.” The federal government remains silent on the postponemen
» Taqadum Party: The absence of the Speaker of Parliament disrupted the general amnesty law
» The file of oil export through Turkish territory is under the control of politicians
» For the sake of the position of president and the budget schedules... there is a preference for exte
» “If you bring the equipment, let’s begin.” Revealing the secrets of Erdogan’s visit to Iraq and the
» Parliamentary moves to approve the Human Organ and Tissue Bank Law
» Electricity embarks on an 11-axis plan to develop the energy sector
» Al-Asadi announces work on legislating a law on occupational health and safety
» Al-Rasheed: Increasing the amount of loans for restoration and maintenance of buildings to 50 millio
» Under the chairmanship of Al-Sudani, Reconstruction and Investment agree on projects related to elec
» Baghdad and Tehran.. New discussions regarding railway connectivity to transport visitors between th
» Immigration: Our plan focuses on the voluntary return of displaced persons and rejecting their house
» An Iraqi trade delegation in Iran to facilitate the export of agricultural crops to Iraq
» Sudanese launches work on the Union Mills Project in Babil Governorate
» Parliamentary demands to resolve the selection of the Speaker of Parliament next week: So far, there
» Sudanese inaugurates a sugar production factory expansion project and three other factories
» Al-Sudani confirms the unlimited support from the government to develop the success story in the pri
» From Babylon... Al-Sudani announces the referral of the large Hilla sewerage project, phase two, to
» Al-Sudani: The factories that opened in Babylon provide more than 4,000 job opportunities
» A representative calls for the payment of lucrative compensation to farmers after the flooding of wh
» Government Advisor: The Securities Commission represents the governance base for promoting financial
» utube MM&C 5/7/24 Iraq Dinar- IQD Update - Regional Trade - A Progession of Reforms - A Global Bac
» MM&C The Iraqi Private Banks Association told NEWS: These are the results of the Prime Minister’s me
» After a break of more than 9 years.. the resumption of a government trade meeting between Iraq and A
» Deputy: The general amnesty law will be passed
» A change in the fuel smuggling map... “control” over the central ports and “laxity” in the north
» Al-Sudani takes three urgent decisions to block the wheat mafias in Iraq
» Electricity embarks on an 11-axis plan to develop the energy sector
» “Thug and smuggler.” A female representative talks about a crocodile in Parliament blackmailing exec
» Al-Sudani told the US State Department: Iraq is keen to strengthen its democratic system
» The Central Bank sells more than $275 million at auction today
» The Minister of Commerce stresses the observance of the Iraqi standard in the supply of goods
» The Iraqi Trade Bank announces its participation in the process of localizing the salaries of Kurdis
» Iraq adopts an advanced system to combat money laundering and terrorist financing
» Increase in Euphrates River levels due to Turkish water releases
» Demands the need to legislate the capital law
» Parliament decided to extend the legislative term by one month
» A bank participating in the process of localizing the salaries of employees in the region
» Parliamentary request to the Ministry of Finance regarding defense mobilization dues/document
» Dollar prices in Baghdad and Kurdistan today
» Al-Rasheed decides to increase the ceiling for granting “construction” loans to 75 million dinars
» A government plan to expand the construction of water harvesting dams
» Frozen or banned? An Iranian official reveals the fate of Tehran’s money in Baghdad
» The Iraqi Trade Bank participates in the process of localizing the salaries of Kurdistan Region empl
» Finance confirms the Iraqi government's desire to benefit from the expertise of French companies
» After targeting its branch in Kurdistan... Dana Gas announces a decrease in its profits to $38 milli
» A parliamentary understanding to extend the legislative term to approve the 2024 budget schedules
» Stopping the Commission’s procedures regarding the region’s elections
» Foreign oil companies violate Iraqi laws
» The position of Speaker of Parliament depends on the political agreement
» The Ministry of Finance decides to send the April salary to the Kurdistan region
» It did not reach the Council.. Parliament determines the mechanisms for dealing with the 2024 budget
» 88 projects awaiting resolution.. What will happen to the stalled laws in Parliament? - Urgent
» Al-Sudani receives the US Undersecretary of State