Labor grants more than 54 thousand loans to the unemployed

by **claud39** Sun Nov 24, 2019 7:02 am

Labor grants more than 54 thousand loans to the unemployed

24/11/2019

Economy News _ Baghdad

The Ministry of Labor and Social Affairs announced on Sunday that it has granted more than 54,000 loans to job seekers registered in its database until 2019.

According to a ministry statement received by the Economy News, the Department of Labor and Vocational Training has granted loans to 54,151 job seekers of both types, the lending fund program and the poverty alleviation strategy program, from the start of the grants in 2013 to 2019.

He pointed out that the number of beneficiaries of the Poverty Reduction Strategy Program loans reached 11 thousand and 144 beneficiaries, while the number of beneficiaries of the loans of the lending fund reached 43 thousand and 7 beneficiaries, pointing out that these loans are interest free and payable in the form of annual installments over five years with grants Grace period is one year. "

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