Baghdad The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that redirecting government funding to meet the needs of the private sector is an important necessity.
He told the National Iraqi News Agency (NINA) that interest in the private sector and its government financing with soft loans, such as the Central Bank of Iraq’s exceptional initiative in affordable housing financing for the private sector, which amounted to three trillion dinars, stimulated and will stimulate the overall housing activity.
He explained that this policy has taken a stimulating space in the overall economic growth until the moment… indicating that its continuation and expansion will bring clear benefits to the overall economic construction in the country.
Source: National Iraqi News Agency