Sabri: Launch of residential and industrial loans for the purpose of transforming the economy into a productive yield
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Information Office of the Prime Minister Haider al-Abadi counting that the launch of residential, industrial and agricultural loans amounting to 6 trillion and 500 billion dinars, constitutes a "quantum leap" for the restructuring of the Iraqi economy and address the "imbalance", which is currently suffering from it, indicating that it aims to enable the private sector to take the role to promote the reality economic and overcome the difficulties they are facing, and to provide cash needed for the rehabilitation or the establishment of new factories and plants, and reduce the recession-induced decline in oil prices.
A spokesman for the office, Saad al-Hadithi,: "The government has launched a program of lending, its commitment to the application of the comprehensive reform program announced by a few months ago hubs", noting that "the Council of Ministers agreed to launch a government loan to the sectors of housing, industry and agriculture form in the amount of six trillion and 500 billion dinars, in the context of economic reform, the focus of which is seeking through the government to restructure the Iraqi economy and guidance that will ensure his stay on a sound footing, and diversifying its sources, and transportation of the economy of a yield to the production and transformation of the economic system of the State of the consumer system to a multi-resource production system. "
The newborn, "The approval comes on the immediate launch of loans to constitute a quantum leap in the restructuring of the system of the Iraqi economy and the stage milestone in the path of the development of a new vision to address the situation of imbalance which is currently suffering from that emerged almost traveled far the collapse in oil prices in global markets, which makes it imperative for the government track start processors radical and decisive in the context of pushing for the recovery of the economic situation of the country, "noting that" the government's vision in this regard is to enable the private sector to take a role in promoting the economic reality of the country by overcoming the difficulties it faces, and to provide cash needed through soft loans, the benefits of appropriate for the rehabilitation or the establishment of factories and modern laboratories, and helping to move the market economy, and reduce the recession, which happened due to lower oil prices. "he explained the spokesman, that" the objectives of the loan is to provide new job opportunities for the private sector is estimated at 250 thousand jobs, including young people, graduates, women breadwinners, people with special needs, and the rural population, in the housing sectors, construction, industry and agriculture, as well as assistance in dealing with the housing crisis, the administration or the purchase of more than 36 thousand units, "pointing to" the government also aims to encourage the private sector to rehabilitate and operation of laboratories productivity stalled ".ozkr newborn, that" the government is also trying to introduce modern techniques, including more than 330 plants or factories, and manufacturing of raw materials and supplies industry and industries for agricultural and industrial manufacturing, and encourage projects that take place within the industrial cities, and reduce the import of goods and products through production alternatives goods national industry Iraqi agricultural products including more than 50 commodity or an Iraqi product, "pointing out that" the targets also include promoting national exports competitive products and goods of other countries, producing ten of goods for export, and the legalization of foreign currency supply and reduce the demand for them by ten percent "And on the lending mechanisms.
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