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Sindh National bold decision
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6/26/2016 0:00
[rtl] Sunday precisely the government will launch the ability of the private sector dues to 6-7 trillion dinars for the first installment of which will be delivered through the national bond secured, what it means paying private sector dues or rather its impact on the market?
Before answering this question , it must be pointed out that the government has fulfilled its promises about benefits the private sector through the implementation of the terms of the general budget for 2016 , which singled allocated five trillion dinars for this purpose and the central bank took the initiative with the support of government programs to adopt a national recovery bond discount replace them with interest over three years.
under the national debt will be concluded to reimburse contractors and companies that have implemented projects strategic proportions advanced implementation and by 100 percent semi executed entirely for projects and decreasing ratio according to thepercentage of completion.
It may be useful to note that BSA is making great efforts in auditing projects and rates ofcompletion and the exclusion of the phantom of them.
now we go back to answer what the positive results of this the right decision? First he sent a message of optimism and then contribute to readmission bridges of trust between the government and the private sector and most importantly it will revive economic market and solve all the problems and the debt owed by the private sector and solve social problems and lawsuits filled the courts.
Eight high liquidity to be provided by the national Sindh through the possibility ofdismissal by state banks , especially the Rafidain and Rasheed will enhance thecapabilities of contractors to repay discharged from the letters of guarantee in the private banks.
this means will contribute to the decision to dissolve Problems of private banks that have a debt to the private sector Vtantash are other nations, including help to provide new banking services
and so on .
for this we describe the decision Paljre We recall that the «morning» had called through this column Bzerorh pay dues of the private sector in order to sustainability and stimulate the market for development, thanks to the implementation of the promises[/rtl]
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