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A call for the establishment of a bank for small businesses
7/6/2016 0:00
[rtl] BAGHDAD Shokran Fatlawi
called a member of the Advisory Board of the Forum for Baghdad economic to theimportance of benefiting from IMF loan put a development program that supports theprivate sector and develop its contribution to the productive sectors through theestablishment of a bank for the financing of small and medium enterprises which contribute to the state by no more than 25 percent and 75 percent of private sector that is managed with the mentality of the national private sector, in order to achieve thediversification in the general budget resources.
He Alnasiri Speaking »Sabah» that do the formation of the Supreme Council foreconomic Affairs and composed of experts from government and the private sector, accompanied by the activation of the themes that appeared in the government program and determine the timeframe for implementation through the development of policies and mechanisms of implementation and practical work on the development of economic sectors trends that achieve what is stated in these hubs, as well as management of theeconomy Baktaath cost
optimally. procedures and mechanisms of implementation and noted that the reactivation and development of operational mechanisms for economic reform measures through thesteps prepared by Committee competent experts in the Council of Ministers with a focus on what I 've ever had in Mahoralzeraih, industrial, finance, insurance, tourism and services and the actual start implementation and determine the time ceiling to put it into practice and identify implementation elements are all capable of solving the economic crisis experienced by the country and the resulting sharp drop in oil prices and the war on terrorism. He urged the need to watercourses quick action to tackle the financial liquidity crisis due to the economic self - represented in bad economic planning and lack of benefit from the economic, financial and technical expertise to the work of basic economic episodes administration in the state to the problems, pointing to the need for the adoption of the world experiences that have passed the envelope himself as payment on credit and borrowing and internal austerity and preparing a war budget. accelerate theeconomic cycle and pointed out that the activation of the application and to identify themechanisms and regulations for the implementation of the amounts allocated by theCentral Bank of Iraq, amounting to one trillion dinars to finance small and medium enterprises, and five trillion dinars to finance specialized banks (agricultural, industrial and real estate and housing fund) to lay the foundations clear ensures data transparency and those who were loaned by the government and private banks is accompanied by thedevelopment of a proactive monitoring and during the implementation and post -implementation on the beneficiaries of these loans not to mention the creation of theDepartment of the Central Bank for monitoring and evaluation and audit sponsor central goal of the service of customized in accelerating the economic cycle and reduceunemployment. He stressed the need to develop operational procedures to activate and implement strategies designed and approved and announced concerning thedevelopment of agricultural, industrial and banking private sector, in accordance with thepriorities adopted by the strategy and the development of projects in place for thepurpose of their contribution to economic development. crisis of liquidity and between amember of the Forum of Baghdad Advisory Council economic that the reactivation ofbasic economic principles mentioned working on building a healthy economy achieves the final of its findings viable economy exceeds the cash that led to a large deficit in thegeneral budget for 2016 and its reflection on the rising unemployment rates to more than 30 percent of the forces capable of operating as well as a rise in the rates of poverty rates of about 25 percent crisis according to official indicators issued by the ministries ofplanning, labor and social affairs. He said Nasiri, said the magnitude of the threats to thecountry internally and externally , those that belong to the expectations of the economic meltdown and the waste of public money and the continued decline in global oil prices require a stand seriously by the government and the political and public authorities to protect the country and sustain their economy and private according to the factual data the concrete, either with regard to reforms in the long term can be adopted economic Kstratejah, including application and realistic axes of the government program and packages of economic and political reforms , and service to address poverty, unemployment and poverty and restore the country 's money stolen.[/rtl]
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