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Zebari discuss with managers of State-owned banks to benefit from the central bank loan

8/26/2015

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Twilight News / met Finance Minister Hoshyar Zebari on Wednesday at the headquarters of the Office of the ministry with the directors of each of the industrial, agricultural and real estate bank, to discuss the benefit of the central bank's five trillion dinars to banks mentioned loan to support economic activity and job opportunities for citizens and young people. Zebari said during the meeting "the need to make the most of this loan utilization in the sectors covered so that reflected positively on the wheel of the Iraqi economy in encouraging the private sector and national employment," according to a ministry statement reported to Twilight News. Finance Minister "managers of the banks concerned and urged the completion of administrative and financial procedures required, and the process of drafting all programs in their respective fields to ensure rapid access this money to the citizens of small, medium and large enterprises." Prime Minister Haider al-Abadi announced on Tuesday during the Cabinet meeting to take immediate action to cope with the financial crisis in Iraq, including the allocation of five trillion dinars for the revitalization of agriculture, industry and housing sectors, and encourage investment and job creation.   SOURCE
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