Economic Analyst: Distribution of loans and advances without the economic feasibility will lead to increase the rate of inflation in Iraq

[yota691]

Economic Analyst: Distribution of loans and advances without the economic feasibility will lead to increase the rate of inflation in Iraq

1.4.2012 | (Voice of Iraq) - Add comments - Baghdad (news) said economic analyst Abdul Latif Salem Ugaili that the distribution of loans and advances to the citizens without the economic feasibility and pre-legal conditions will lead to increased rates of inflation in Iraq. Ugaili said in a statement reporter (agency news) on Wednesday: that the distribution of financial loans to citizens in Iraq, the inaccurately and without the economic feasibility or laws slashed the owner of loan investment of the amounts granted to the projects, whether small or medium-serve the country and society, which lead to increased rates of Inflation in Iraq. and called Ugaili: to be financial loans and advances percent salary provided to the citizens according to plan accurate and well thought to be through the investment of funds granted to the establishment of small or medium by the citizens of that will be in the end, the investment of funds Almkarodh and provide jobs for the unemployed, stressing that in the case of distribution without controls will lead to increased inflation and economic chaos overwhelming in the country. According to economic analyst: It is assumed that the distribution of loans to come through a plan in place and measured according to the scientific method an accurate cast of how to dispose of these funds, noting that advances and loans are distributed in a manner random disorganized at the moment, no everyone can get a loan, whether residential, agricultural and other and without conditions Aodwabt obliged to invest. The federal government announced conducted in the distribution of housing loans to all citizens, and advances percent salary within the budget year (2012).

Read more: http://www.sotaliraq.com/business.php?id=5042#ixzz1iUJOopfx

[Laid Back]

Thanks for the post yota691

GO RV ASAP

[yota691]

this brought up on Delta conference call