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Industry seeks to launch 122 billion dinars to develop its companies
27/5/2018 12:00 am [rtl]Balances deposited since 2003 Baghdad / Haider al-Atari The Ministry of Industry and Minerals is seeking to launch the frozen bank balances of KD 122 billion since 2003 in order to develop local production and increase production lines to cover the market needs of commodities And goods. In a special statement to Al-Sabah, the ministry's media spokesman, Abdul-Wahid Al-Shammari, said that the minister of industry, Mohamed Shiaa al-Sudani, presided over a meeting of the committee of the Economic Affairs Committee of the Secretariat of the Council of Ministers, as a member of the general inspectors of the Ministries of Finance, Water Resources and Industry. The mechanisms of the release of assets frozen banks since the ninth of April 2003, amounting to 122 billion dinars and belonging to the companies of the ministry. The meeting touched on the issue of facilities provided by banks before 2003, amounting to 21 billion dinars with interest, as well as the share of the public treasury of the profits of companies for previous years, explaining the recommendation of the Committee to support the national industry and mitigate the procedures to claim companies losing their previous obligations of public treasury shares of Earnings for years before 2013. Al-Shammari said that the recommendation also included not to strain the financial situation of companies currently and give them the opportunity to develop their business by adopting several options, including the launch of frozen bank balances and the establishment of positive points to serve the objectives of the ministry to activate its activity by providing financial resources to secure some production lines, With the need to adopt the companies of the ministry on their own capacity to develop their production lines. [/rtl] [rtl][You must be registered and logged in to see this link.][/rtl] |
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