*With the steps of the government's economic reform aimed at achieving the required sustainable development, these days, development activities are supporting and reinforcing this goal.
Among the most prominent development activities is what the banking sector is doing and consistent with the reform steps, which have begun to unfold in a number of new procedures, legislations and laws, although they have been limited, but it is wise to take care of reform until it is fully digested by society and government institutions.
The most important of these community events are those related to the attempt to reduce poverty, unemployment and population growth.
For example, the launch of marriage advances and despite their modesty, but it falls within the category of population growth, and remind the banks initiative, a government that take into account interest rates to achieve these loans purposes and covering administrative costs.
In turn, the launch of the Association of Iraqi private banks to the project initiative "Tamkeen", which is the preparation of young unemployed graduates and training for free with the provision of employment opportunities for them in the quest to reduce the unemployment rates among young people and benefit from their capabilities, but this initiative under the name of community development.
Moreover, the launch of small and medium-sized loans with the support of the Central Bank is also aimed at creating jobs for social groups that weigh heavily on the social welfare budget and contribute to the integration of these segments into the labor market and the alleviation of the state budget, especially as this program is implemented by private banks.
A community initiative is in the process of being implemented with the support of the Central Bank of Iraq and the participation of private banks in the establishment of specialized development funds for micro-enterprise loans financed by commercial banks and the second by Islamic banks, contributing to increasing production and providing job opportunities in addition to generating local revenues in support of development programs.
A very important and forthcoming initiative adopted by the Council
Ministers and implemented by the General Secretariat of the Council of Ministers by contract
The Nineveh Plain Conference to study the challenges faced by the people of Nineveh because of the devastation caused by the aggression of calling for the establishment of a special fund to lend to micro-projects to reduce the unemployment rates and poverty and compensate the people of the province of the losses suffered by involving the private banking sector and businessmen to fund this fund Very soft.
Thus, the movement of community development, which follows the steps of reform, began to be an integral part of it and essential to achieve its goals.
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