Housing reassure citizens provide sufficient funds to cover all transactions submitte
Housing reassure citizens provide sufficient funds to cover all transactions submitted to the Fund
05-09-2016 03:33 PM
Housing Fund, announced on Monday that it loaned more than 14, 000 residents to build housing units in amounts reaching 180 billion dinars, reassuring citizens that ongoing Fund lending amounts sufficient to cover all transactions made.
The Fund Manager said in the name of Bahauddin Mustafa, that ' the Fund managed to cross the 180 billion dinars Exchange lending was 14 000 and 300 treatment for citizens to build residential units in Baghdad and the Iraqi provinces.
Mustafa said that his fund allocated under the initiative of the Cabinet 850 billion dinars to admit some citizens to build housing units to them by 50 million dinars, reassuring ' citizens that ongoing Fund lending amounts sufficient to cover all transactions submitted to the Fund.
Iraq reportedly suffering from severe housing crisis due to the growing population of Iraq as measured by number of residential complexes, in addition to the inability of the citizen's income private residential unit building because of the high cost of land and construction materials.