Central Bank supports small and medium enterprises with five trillion dinars

by **Proven** Wed 03 Jun 2015, 9:40 am

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Central Bank supports small and medium enterprises with five trillion dinars

by Proven Wed 03 Jun 2015, 9:40 am

Central Bank supports small and medium enterprises with five trillion dinars

June 3, 2015

BAGHDAD / Center Brief for the Iraqi Media Network IMN) (- underlined the prime minister adviser appearance of Mohammed Saleh working to improve the credit outlets and improve market outlets and provide soft loans to raise the work of the private sector's ability, noting that the Central Bank has provided estimated at five trillion dinars small and medium-sized enterprises financial package.

Saleh added for (IMN) that "a group of soft procedures for the registration of Iraqi and foreign companies will start from next week, where will contribute to the strengthening of Iraqi business environment."

He explained that "there is a problem with the report of the so-called facilitating the business that we are working on now is to raise the level of the country, that the report puts Iraq in the lower centers, because it depends on the business and market construction, electricity, land titling, and come this low reporting because of the bureaucracy in government departments."
Iraq and ranks 180 out of 189 countries in the process of extending credit, also stands in the 178 center in cross-border trade report.

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by Lobo Wed 03 Jun 2015, 2:29 pm

Lobo

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Re: Central Bank supports small and medium enterprises with five trillion dinars

by Lobo Wed 03 Jun 2015, 2:29 pm

This article is interesting, has anyone noticed, recently, how much Salah is in the news with financial reporting - he was the "assistant governor" when Shabibi was the governor, then when Shabibi "was outed", Salah was "acting interim governor" - then with the change in 'regime' - all the parties played musical chairs and Salah became the 'adviser' to the PM. Now Salah seems to be very vocal and right on the heels of the article about bringing Shabibi back - I am wondering if the IMF is getting its playbook ready to be placed in action and then it will be able to challenge the Federal Reserve on the RV. Interesting times and timing with the taxes, tariffs and Ramadan.