Date: Monday, 12/19/2011 10:27
Baghdad / term
Revealed the Ministry of Construction and Housing yesterday authenticate the Presidency on the draft new law for the housing fund.
The Minister of Construction and Housing Mohammed Darraji during a press conference held on the sidelines of a seminar held by the ministry on the development of laboratory construction and attended (range) that "the Presidency of the Republic ratified the new law, the draft Housing Fund, passed by the House of Representatives,"he said Darraji
That of the "facilities that were placed in the fund for new housing is to increase the amount of loans to 35 million dinars in Baghdad and 30 million dinars for the city centers in the provinces, in addition to 30 million dinars in the districts and areas to encourage citizens in the construction of housing units outside the cities," asserting that "The law included the abolition of interest on the amount of lending, which range between 2 to 6 percent, according to the length of time to pay the amount."
Last edited by Mona Lisa; 12-18-2011 at 10:19 PM. Reason: credits
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