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The Central Bank is discussing in Mosul an initiative to support the private sector

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The Central Bank is discussing in Mosul an initiative to support the private sector

Post by claud39 on Tue Jan 15, 2019 7:54 pm


[size=36][rtl]The Central Bank is discussing in Mosul an initiative to support the private sector[/rtl][/size]

Wednesday 16 January 2019

[rtl]Baghdad / Al-Sabah

[rtl]The Central Bank of Iraq in Nineveh organized a workshop on credit initiatives for the private sector in the province. [/rtl]
[rtl]Al-Sabah newspaper reported that the workshop included discussing the initiatives of the Central Bank to lend five trillion dinars to the agricultural, industrial, housing and real estate sectors in order to develop these sectors and eliminate the housing crisis, while providing 250 thousand jobs.[/rtl]
[rtl]For his part, the Director General of the Department of Financial Operations and Debt Management at the Bank Mahmoud Mohammad Dagher said during the workshop that «the financing of projects will be in accordance with the initiative of the Central Bank for Finance, as the loan situation in the agricultural, real estate and housing projects does not exceed 50 million dinars».[/rtl]
[rtl]He added that «the borrower bears an annual interest rate of 2% in favor of the Central Bank and one-time administrative charges of 1%, saying at the same time,« the duration of the loan will be for a period of ten years as a maximum and be restored in equal monthly installments ».[/rtl]
[rtl]In addition, announced the province of Nineveh, on Tuesday, the launch of a system of surveillance cameras in all neighborhoods of the city of Mosul.[/rtl]
[rtl]Ninewa Governor Nawfal al-Aakoub told Al-Sabah that the Nineveh Police Directorate has set up surveillance cameras in all neighborhoods of Mosul to monitor and monitor any security incidents inside the alleys to control the security of the city. [/rtl]

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