A call for the reorganization of the initiative of agricultural loans

A call for the reorganization of the initiative of agricultural loans

 

5/18/2017 0:00

BAGHDAD / Imad Emirate
It called for a number of specialists from stakeholders and farmers to re-activate the agricultural initiative including rise to self-sufficiency and food security of the agricultural sector, especially redirecting amounts of specialized loans, arguing that the lack of a credit plan at the beginning of the start of the agricultural initiative over four years was the cause of the disparity between the amounts allocated to planned and disbursed, as well as the apparent disparity between the provinces and other fund Akhar.vkd got Anbar province, the proportion of (2, 19 percent) of the amounts spent on the agricultural initiative of specialized lending funds and Homaiedl disbursements do not m Governorates are (Qadisiyah, Basra, Dhi Qar, Muthanna, Kirkuk, Najaf) while Kirkuk ranked last by (1, 3 percent), and when I started thinking about setting credit plan in 2013 saw the general budget decline in the volume of allocations to the funds and governorates kept the state of inequality
List .
Economic academic d. Raad striation, said the "morning" that a large proportion of loans initiative did not invest properly in the agricultural sector or did not invest the direction that does agricultural production, pointing to the existence of dilatory projects.
He called striation, to continue the agricultural support investors and limited agricultural finance policy agricultural bank specialized institution to finance that are restructured and the introduction of the banking and commercial sector and benefit from the positive aspects of the market economy on the one hand and the exploitation of the positives opportunities of state intervention in support of the agricultural sector on the other.
Striation noted the need for inclusion of all services associated with financing as the existence of a heuristic device that specializes in follow - up loans with investors and other mainstream services that is done according to scientific methods of containing no accurate statistics for the agricultural sector in Iraq. Delay in installments   and stressed striation the importance of linking strategic crop marketing policy lending by the Agricultural Bank settlement amounts between the government and borrowers policy, that is limited to the role of the Ministry of Commerce to receive the crop through its stores and activate the method of follow - up loans and forcing borrowers to pay what Bzmthm premiums, as well as activating the benefits of delay in payment and punitive benefits to the borrower that the project has not been implemented or the use of the loan in areas other than the allotted area, and limited funding for the ministries of agriculture and water resources and the general budget on the priority projects are identified for each ministry by the competent ministry , As well as marketing between them when implementing joint projects between the two ministries and the trend towards the establishment of strategic projects and projects of infrastructure  infrastructure. He urged to include lending a condition forcing the borrower, especially those who have large areas using modern methods to obtain higher productivity and low cost, indicating the importance of reducing waste in waste water quantities and abandon traditional methods of agriculture and irrigation, and activating the insurance system projects and determine the nature and type of insurance in the case of the occurrence of natural disasters or acts of violence and the deterioration of security and others, as well as forcing all investors to open an account in the agricultural Bank. Farmer Tawfiq Ahmed Hussein pointed out that the agricultural initiative need to restore a real view of the advancement of production, as it requires the promotion of the actual organizational aspect of this joint is important, which is linked to national food security. He pointed out that he holds a bachelor 's degree, but his love for the land to make it preferred to agriculture on the job, calling for the need that the government sees the agricultural sector greater interest because it reduces the impact of the Iraq any external economic crisis, and it comes covering domestic products market need of basic materials and this is very possible during the period soon , he sings orientation to global markets and keeps the hard currency inside  Iraq. The agricultural engineer raised Hisham said the financial side is important in raising domestic production, which requires the adoption of a mechanism to grant loans and follow - up, and that this is linked to the indicative aspect which has a significant role in urging farmers to adopt advanced systems, and its role in raising the productivity of the agricultural unit.  

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