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Directed to create a development fund
11/10/2016 0:00
[rtl]BAGHDAD / morning
examined the Committee of Experts in the Prime Minister and the Association of Iraqi private banks through the round a proposed Cabinet table creation of the Development Fund is financed by the government and international monetary institutions that fund isaimed at all segments of society and focus on the poor by creating jobs for them makes them able to enter the market work. the
meeting brought together a number of experts who are Dr. Amal Shlash and general manager of strategy of poverty in the Ministry of planning and Mr. Wadih Handal , head of the Iraqi private banks association and member of the national group of experts from the private sector.
representative of the cabinet Committee talked about the experience of Egypt , where hecut off many strides which financed categories different social experts have listened to adetailed explanation from the two experiments Iraqi women submitted Mderta my company financing of small and medium enterprises, guarantees and banking success stories achieved in them, praised the audience on the experiences and results achieved in which the visit is the
second.
There were extensive discussions focused on that those in a position to implement this ambitious program are private banks , the Commission raised its recommendations ,which are very important concerning formations Fund and mechanisms of work and its implementation.
the executive director of the Association of Iraqi private banks Ali Tariq: that financial inclusion is very important in this important aspect and helps to deliver banking services to a broader segment of society to achieve the development goals leading to theachievement of development in all
sectors.
He structured finance provided by private banks for phrase beneficiaries in all segments of society , raising the family 's economy and reduce the levels of
poverty.[/rtl]
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