Land Bank: Deferment of monthly installments for the Central Bank's initiative

by **claud39** Tue Aug 11, 2020 9:51 am

Land Bank: Deferment of monthly installments for the Central Bank's initiative

08/11/2020

Land Bank: Deferment of monthly installments for the Central Bank's initiative 2264

Economy News - Baghdad

The Real Estate Bank announced, on Tuesday, that the monthly installments of the Central Bank's initiative will be postponed for a period of three months.

The bank said in a statement seen by "Al-Eqtisad News", that it announces "the postponement of the collection of the monthly installments incurred by the beneficiaries of the central bank’s initiative loans only for a period of three months (July, August and September), provided that the delay does not result in any delay interest."

He added, "This comes according to what was stated in the Central Bank's book due to the exceptional circumstances the country is going through due to the Corona pandemic, which caused the stagnation of most economic sectors and the weakness of the financial resource for citizens."

https://economy-news.net/content.php?id=21374

by **claud39** Tue Aug 11, 2020 10:06 am

[size=36]United States of America continues its support to UNHCR critical work in Iraq[/size]

Monday, 10 August 2020

Land Bank: Deferment of monthly installments for the Central Bank's initiative UNofficiallogosmall

Baghdad, Iraq, 9 August 2020 - UNHCR welcomes the new contribution of USD 41.8 Million from the United States of America that aims at supporting the response for Internally Displaced Iraqis, the 2020/2021 Syria Regional Refugee and Resilience Plan, refugees and asylum seekers as well as the response for COVID-19.

This brings the total US contribution to UNHCR Iraq over USD 107 Million this year. So far, the UNHCR operation in Iraq is 31% funded.

In Iraq today, there are still thousands of vulnerable displaced families that are in urgent need of humanitarian assistance. With close to 1.4 million IDPs, 4.7 million returnees, and 286,000 refugees and asylum seekers, the needs are significant and ongoing support is needed to ensure a stable and peaceful recovery.

More so during the prevailing COVID-19 health crisis, which has significantly exacerbated the protection risks faced by vulnerable displaced families and has further hindered their access to basic goods, essential services, and livelihood opportunities.

This timely and generous donation from the United States of America will help UNHCR provide displaced families with the needed protection services, including child protection, prevention of sexual and gender-based violence and protection monitoring, as well as cash assistance to meet their basic needs.

The Chargé d'Affaires of the U.S. Embassy in Baghdad, Steven Fagin, emphasized the United States is deeply committed to the welfare of displaced Iraqis, and to supporting UNHCR's work toward sustainable, voluntary, and safe returns, local integration, and other solutions.

He said the United States is dedicated to working with the new Iraqi government and the Kurdistan Regional Government to ensure that all components of Iraqi society can thrive in their homeland, and that Syrian and other refugees and asylum seekers in Iraq receive the assistance they need. Supporting these populations and their communities is part of bolstering Iraq's stability and success.

UNHCR’s Acting Representative Philippa Candler stated that “With rising challenges, timely funds are needed to help support those displaced by conflict, refugees, asylum seekers and returnees. Donor support is much appreciated during these times, as not only do refugees and displaced persons face the effects of the COVID-19 pandemic but we fear the aftermath will continue to affect livelihood opportunities for the months and years to come.

UNHCR will spare no effort to provide protection and other support to those in need as we work towards achieving durable solutions for those who are displaced. UNHCR appreciates the support from major donor countries such as the United States of America which makes this ongoing work possible”.

The United States of America remains the biggest donor to UNHCR globally.

[FOR MORE INFORMATION PLEASE CONTACT:]

Firas Al-Khateeb, Spokesman and Communication Officer
Baghdad, Iraq +964 780 918 9700 khateeb@unhcr.org

Shaza Shekfeh, Associate Communication Officer
Erbil, Iraq +964 770 494 6384 shekfehs@unhcr.org

Rasheed Rasheed, Senior Communications Associate
Dohuk, Iraq +964 750 713 0014 rasheedr@unhcr.org

https://www.uniraq.org/index.php?option=com_k2&view=item&id=12666:united-states-of-america-continues-its-support-to-unhcr-critical-work-in-iraq&Itemid=605&lang=en