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Parliamentary Finance "advances" the owners of large projects and support the private sector will be implemented in the coming days
2017/07/03
Parliamentary Finance Committee said that the issue of lending large entrepreneurs as part of the support of the private sector initiative "moving" and will be implemented in the coming days.
Committee member Jabbar al - Abadi said that the initiative launched by the government with the central bank to provide five trillion dinars to support the private sector and credit investment project owners is an initiative moving but there are undecided between the central bank and the banks that are supposed to be the money received for distribution to project owners and these banks have a big obsession of the failure in the previous advances granted to farmers and industrialists have not recovered, so there will be discussions to develop a fixed mechanism for specific laws to ensure high recovery of this money runs smoothly without problems.
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2017/07/03
Parliamentary Finance Committee said that the issue of lending large entrepreneurs as part of the support of the private sector initiative "moving" and will be implemented in the coming days.
Committee member Jabbar al - Abadi said that the initiative launched by the government with the central bank to provide five trillion dinars to support the private sector and credit investment project owners is an initiative moving but there are undecided between the central bank and the banks that are supposed to be the money received for distribution to project owners and these banks have a big obsession of the failure in the previous advances granted to farmers and industrialists have not recovered, so there will be discussions to develop a fixed mechanism for specific laws to ensure high recovery of this money runs smoothly without problems.
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