Labor calls for the simplification of procedures for granting small loans

Labor calls for the simplification of procedures for granting small loans  



Economy News Baghdad :
It called on   the Ministry of Labor Affairs and Social, to simplify the procedures for granting loans for small and expand the fields of production and services in rural areas and cities.
The adviser to the Ministry of Labor Affairs and Social, Kazem Shamkhi, in a statement journalist received " Economy News , " a copy of it, that " loans small is the investment amounts simple in a project run by a self - unemployed of work to generate income is acceptable and need market local offspring and are available where conditions of success " , stressing The " project small started the initiative innovative and quickly what has become programs leading the movement of families poor from poverty and hunger to live in security ."
He added that " training is an order in very important in the management of projects for small and developing the ability of young people to leadership , especially the youth category of social worthy of attention and need to experience accumulated in practice " , pointing to the " design policy and operational support for the economy and linked it provides a circumstance safe approach to state sponsors of rights It gives young energy innovative renewable and stimulating the creativity and innovation . "
He pointed to the " environment of Iraq is a reality complex affected the war and terrorism policies negatively as reflected on the economy , national and weakened its ability to the advancement of its reality, and which increased the situation of economic deterioration decline in prices of oil in the market global war on terror and divisions political , which made Iraq mired in a cycle of crisis " .
He added that " the projects small have important significant role in the absorption of unemployment and accelerate the growth of economic to raise the level of income national reflected that on the levels of income per capita and the family for the benefit of indicators of development and human " , referring to the " government took the initiative to apply the experience of projects for small under the title of rehabilitation community and loans for small The loans facilitated the establishment of projects generating income and each program has its advantages and sources of funding and the category of social that target . "
He explained that " the goal of this experiment is to secure opportunities for employment , particularly for the areas of the most impoverished and re - training in accordance with the requirements of the new and increasing productivity and support the economy of national , as well as for monitoring variables market work, pointing to that there is a range of factors that contribute to the success of this experiment , including formation to support a formal high and the support of popular projects for small and processing quick and effective phenomenon of flooding the market products imported and establish a body specialized development projects for small and developed .
He stressed the need to simplify the procedures for granting loans and expand the fields of production and services in rural areas and cities with the development plans of the provisions of the integration of the productive and technically gifted interface and the contribution of the state capital to support young people to set up projects and business entrepreneurship, as well as for building incubators

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Labor calls for the simplification of procedures for granting small loans



2017/06/03 | 12:41
(Encyclopedia of this Day News | Iraq News ) - Economy News Baghdad called on the Ministry of Labor and Social Affairs, to simplify the granting of micro - credit procedures and expand the fields of production and service in rural areas and cities.

According to the Ministry of Labor and Social Affairs Adviser, Kazem Shamkhi, in a press statement Economy News received a copy of it, that small loans are to invest small sums in the project self - managed by the unemployed to generate an acceptable income local market and need his production is available where the conditions of success, stressing that small projects started creative initiative and pilot programs quickly navigate poor families from poverty and hunger to live in security has become.

He added that the training is is extremely important in the micro - enterprise management and the development of the ability of young people to the leadership, especially that of young people worthy of attention and need social group to experience accumulated in practice, pointing out that the design of a supportive operational policy of the economy and linked to it provide a safe circumstance to approach sponsors of the rights of the state and give the energy of youth renewed creative and stimulating creativity and innovation.

He noted that the Iraqi environment represents a complex reality in which war and terrorism have affected policies negatively reflected on the national economy and weakened its ability to promote its reality, and increasing the economic situation deteriorated decline in oil prices in the global market and the war on terrorism and political divisions, making Iraq mired in a cycle of crisis.

He said large and small have important projects for its role in the absorption of unemployment and accelerating economic growth to raise the level of national income and is reflected on the individual and family income levels for the benefit of human development indicators, noting that the government has initiated the application of micro - enterprise experience under the CBR , and small loans and soft loans to set up a title income - generating projects and each has its advantages and its sources of financing the social program and target group.

He explained that the goal of this experiment is to secure employment opportunities, particularly for regions of the poorest and most re - training according to the new requirements and increase productivity and support the national economy, as well as monitoring the labor market variables, pointing out that there are a range of factors that contribute to the success of this experiment , including composition of official support and high support Popular small projects fast and effective treatment of the phenomenon of flooding the market with imported products and the establishment of a specialized body and the development of micro - enterprise development.

He stressed the need to simplify procedures for granting loans and expand the fields of production and service in rural areas and cities with plans for the provisions of the productive integration and the skill interface and the contribution of the state capital to support young people to set up projects and entrepreneurship, as well as building incubators

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