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Fear of its funds go to corrupt disrupts the activation of the central bank's initiative to lend citizens
December 062 016 15:01
December 062 016 15:01
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[rtl][rtl]Abdul-Zahra al-Hindawi[/rtl]
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The Ministry of Planning, the government is reluctant to launch an initiative to central bank financing of agriculture, industry, housing and real estate sectors, amounting to 6 trillion dinars, fearing she went into the pockets of corrupt and disable its real feasibility.
The official spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi, "The government delayed the release of loans to the citizens, caused by the fear of failure to achieve economic development, she went through the pockets of the wrong people."
He said al-Hindawi, "the central bank initiative was launched more than a year the amount of 6 trillion dinars for lending to industrial, agricultural and housing sectors, but the main problem behind the non-activated controls are," noting that "the work is to develop special controls and access to treatments for the granting of loans through government banks. "
He stressed that "the main problem behind the lack of launch loans, is the fear of she went to the wrong people the real, so competent loans, the Committee decided to submit wishing to borrow guarantees for projects to achieve the development objective to get the economy moving.
And classified loans to projects agricultural and industrial sectors into four categories, the first micro-enterprise loans, grants have a maximum amount of 500 million dinars, and the second a maximum of three billion dinars medium enterprise loans, and the third a maximum of 20 billion dinars large enterprise loans, the fourth strategic projects loans exceeding 20 billion dinars. The interest rate on loans of 4% annually.
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Baghdad Post
[rtl]The Ministry of Planning, the government is reluctant to launch an initiative to central bank financing of agriculture, industry, housing and real estate sectors, amounting to 6 trillion dinars, fearing she went into the pockets of corrupt and disable its real feasibility.
The official spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi, "The government delayed the release of loans to the citizens, caused by the fear of failure to achieve economic development, she went through the pockets of the wrong people."
He said al-Hindawi, "the central bank initiative was launched more than a year the amount of 6 trillion dinars for lending to industrial, agricultural and housing sectors, but the main problem behind the non-activated controls are," noting that "the work is to develop special controls and access to treatments for the granting of loans through government banks. "
He stressed that "the main problem behind the lack of launch loans, is the fear of she went to the wrong people the real, so competent loans, the Committee decided to submit wishing to borrow guarantees for projects to achieve the development objective to get the economy moving.
And classified loans to projects agricultural and industrial sectors into four categories, the first micro-enterprise loans, grants have a maximum amount of 500 million dinars, and the second a maximum of three billion dinars medium enterprise loans, and the third a maximum of 20 billion dinars large enterprise loans, the fourth strategic projects loans exceeding 20 billion dinars. The interest rate on loans of 4% annually.
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