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Monitoring of the follow-up loan disbursement teams
5/28/2016 0:00
[rtl] Baghdad Farah pumice
with the government continues to implement economic reforms designed to revive themarket and create jobs and reduce dependence on oil revenues, a consultant in thedevelopment on the formation of working groups urged to monitor the projects within theinitiative launched by the government to support the productive sectors by large financial loans disbursed.
It comes Referrals are compatible with steps to involve the public and private sectors in the long - term plan to make Iraq in the ranks of industrialized nations.
Consultative Amer jeweler said in a statement to «morning»: the «development of anintegrated plan for the process of granting loans and setting up a mechanism to monitor and follow up quarterly for the implementation of each project within this initiative that will make it successful and continuity as well ». the
government recently launched and conditions of banks sectoral loan disbursement mechanisms, while the industrial and agricultural bank got 33 percent each of the total loan amount.
the central bank announced last year initiative to support banks , agricultural, industrial and real estate sectors and the Housing Fund loans amounting five trillion dinars, while Adechbra this initiative « a good step» to revive the economic situation and liquidity.
the Iraq suffers from a scarcity of money due to lower crude oil prices, which invited him to external borrowing by simple interest, at a time when international organizations and bodies suggested the events of the recovery of the Iraqi economy with mid - year 2017 amid expectations of higher oil prices and the government 's success in fiscal policy, especially as the sovereign credit rating of Iraq increased with the start of thedisbursement of these loans.
He said the jeweler that «monitoring plan to follow the stages of actual achievement, as may be required of projects implemented support and outsourcing extra, in addition to the calendar checks and their results on the Iraqi economy, indicating that »this follow -up can be carried out by teams representing the parties participating in the initiative, as well as the possibility of the expertise of economic advisers or specialists in each project within the productive sectors that the government has set a goal to revive the achieve financial payoff and the general functioning of the labor and investment of raw materials, as well as the possibility of making Iraq in the ranks of countries in case the implementation of a joint action plan between the public and private sectors, on as sought by the state.[/rtl]
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