Housing Fund: Loan of 50 million dinars has been suspended

Minister of Construction, Municipalities and Public Works Ann Nafie Osei announced on Thursday that the Housing Fund will suspend the loan of 50 million dinars. “The fund has now stopped receiving transactions of citizens who wish to receive a 50 million dinar loan within the initiative of the Central Bank, in order to make the necessary allocations for this, while the Fund will continue to promote transactions of the loan under the previous law of the Fund” . She stressed that “all the procedures of granting loans to citizens in accordance with legal regulations and the need to educate citizens on their terms and instructions in advance to avoid the existence of irregularities or obstacles in the future to prevent the delivery of all payments of loans.” Noting that “the doors of the ministry is open to citizens to receive complaints about procedures to obtain a housing fund loan.”

https://en.economiciraq.com/2017/08/1...een-suspended/