Iraqi Banks Increase Funding for SMEs

By John Lee.

The Iraqi private banks association has announced an increase of half-a-trillion Iraqi dinars in funding to enhance the role of the private sector and the developmentof small and medium-sized enterprises (SMEs), and to increase job opportunities.

According to the report from Shafaaq, this brings the funding available to 1.5 trillion Iraqi dinars ($1.3 billion).

(Source: Shafaaq)

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