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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


In numbers.. an increase in the percentage of central bank loans

rocky
rocky
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Posts : 205325
Join date : 2012-12-21

In numbers.. an increase in the percentage of central bank loans Empty In numbers.. an increase in the percentage of central bank loans

Post by rocky Tue 23 Nov 2021, 6:21 am

In numbers.. an increase in the percentage of central bank loans

  •  Time: 11/23/2021 14:47:56
     
  •  Reading: 299 times

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{Economic: Al Furat News} The percentage of loans granted by the Central Bank of Iraq increased from the beginning of 2020 until October 2021 to reach 4.5 trillion Iraqi dinars, with an annual increase of 139% and a monthly increase of 15.55%
According to the {Future Iraq Foundation} concerned with local economic affairs, "the Central Bank has put forward a set of initiatives to support small and medium enterprises, in addition to an initiative to support industrial projects and housing projects, which led to a rise in loans granted by the Central Bank of Iraq."
The value of the loans granted represents 3% of the bank's total assets.
Despite the many obstacles in granting the required loans and guarantees, some of which may be incapacitating, the low interest rate and long loan periods contributed to an increase in the rate of obtaining these loans.
Also, the growth of the percentage of loans granted, there were no clear indications of the impact of these loans on increasing the GDP from the non-oil sectors, nor on reducing unemployment rates, which are still low. 
With the increase in the value of loans, micro-projects, which represent the biggest factor in creating different job opportunities for a large segment of young people, are still below the standard, and most of the funds go to large projects and do not take into account the mechanisms of encouraging and creating job opportunities for various small segments that suffer from poverty and unemployment 
. The Corporation finds mechanisms for youth lending to establish micro-enterprises, which is the best solution to provide various job opportunities away from the public sector and contribute to increasing the domestic product of the retail and service sectors away from the oil sector and contribute to reducing unemployment levels that are still high.

Ammar Al Masoudi
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rocky
rocky
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Posts : 205325
Join date : 2012-12-21

In numbers.. an increase in the percentage of central bank loans Empty In numbers.. an increase in the percentage of central bank loans

Post by rocky Tue 23 Nov 2021, 6:31 am

In numbers.. an increase in the percentage of central bank loans

  •  Time: 11/23/2021 14:47:56
     
  •  Reading: 351 times

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{Economic: Al Furat News} The percentage of loans granted by the Central Bank of Iraq increased from the beginning of 2020 until October 2021 to reach 4.5 trillion Iraqi dinars, with an annual increase of 139% and a monthly increase of 15.55%
According to the {Future Iraq Foundation} concerned with local economic affairs, "the Central Bank has put forward a set of initiatives to support small and medium enterprises, in addition to an initiative to support industrial projects and housing projects, which led to a rise in loans granted by the Central Bank of Iraq."
The value of the loans granted represents 3% of the bank's total assets.
Despite the many obstacles in granting the required loans and guarantees, some of which may be incapacitating, the low interest rate and long loan periods contributed to an increase in the rate of obtaining these loans.
Also, the growth of the percentage of loans granted, there were no clear indications of the impact of these loans on increasing the GDP from the non-oil sectors, nor on reducing unemployment rates, which are still low. 
With the increase in the value of loans, micro-projects, which represent the biggest factor in creating different job opportunities for a large segment of young people, are still below the standard, and most of the funds go to large projects and do not take into account the mechanisms of encouraging and creating job opportunities for various small segments that suffer from poverty and unemployment 
. The Corporation finds mechanisms for youth lending to establish micro-enterprises, which is the best solution to provide various job opportunities away from the public sector and contribute to increasing the domestic product of the retail and service sectors away from the oil sector and contribute to reducing unemployment levels that are still high.

Ammar Al Masoudi
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    Current date/time is Mon 06 Dec 2021, 4:38 am