Parliamentary Economy: Housing loans will provide job opportunities 3/10/2016
Parliamentary Economy: Housing loans will provide job opportunities
3/10/2016 0 Comments
The Commission on Economy and Investment in Parliament on Thursday that the launch of Housing Fund loans have a positive impact on the economic reality, showing it is possible to be launched in the next few days.
He said committee member Najib Najib's / balances News /, "The Housing Fund loans will reflect a positive impact on the economic reality, and it provided jobs, and move the local market, in addition to amplify the role of banks because of the way will be the creation of citizen trust bank, will also help to bring in foreign expertise into the country to carry out construction projects, as well as the possibility of re-damaged homes due to terrorist operations. "
She said Najib, "After the announcement of the special mechanisms of the loans could be launched in the next few days, not on Advanced conditions in accordance with the mechanisms set out, where they are rendering them via electronic form linked to Rafidain Bank agricultural, industrial, real estate and banks in Baghdad."
She pointed out that "This project is presented by a committee of economy and investment since 2015, but there were fears go the money into other than what was allocated and disbursed wrong, but he has recently been discussed thoroughly and the development of mechanisms its own."
The Prime Minister Haider al-Abadi honest, on Wednesday, on the mechanics of lending to the Housing Fund for loans, the central bank's five trillion Iraqi dinars, according to the mechanism of distribution where will distribute loans to the provinces to adopt a standard percentage of population (80%) and standard degree of poverty (20% ) for each province.