Wednesday, August 1, 2012

Economist proposes the establishment of specialized bank to finance small and medium enterprises for the advancement of the

  01/08/2012

Baghdad (news) .. I suggest an economist Ibrahim al-Mashhadani, the establishment of a government bank specializing in project financing of small and medium for the advancement of the private sector to eliminate the rampant unemployment.
He said al-Mashhadani (of the Agency news) on Wednesday: The country needs to create a bank by the government the task of financing small and medium enterprises through the distribution of soft loans, few benefits and pay in the long run to promote the sector, industrial sector and the elimination of unemployment, which has become a burden on the state.

He added, required to be running the bank and government funding and linked to specific economic Balstratejah by the Government's sustainable development plan to activate the economic sectors and announced by the Ministry of Planning will be implemented later.
And an economist stressed the need to work and think about how to promote local industries and to activate the private sector to strengthen the national economy. / Finished / 8. N. R /