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The Ministry of Construction: spending more than 244 billion dinars for the housing fund loans for the current year
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The Ministry of Construction: spending more than 244 billion dinars for the housing fund loans for the current year
10/27/2020
Economy News _ Baghdad
The Ministry of Construction and Housing announced today, Tuesday, that 244 billion dinars of housing loans disbursed this year.
The Minister of Construction, Housing and Public Municipalities, Nazanin Muhammad Woso, said in a statement reviewed by "Al-Eqtisad News", that "the current year witnessed the fund's acceptance of 8,604 transactions and disbursed 17,233 loan payments with a total value of 244,671,500,000 billion dinars until mid-October, and for all governorates except for Kurdistan Region.
She added that "the ministry is working on using all modern technologies that would develop the fund's work to perform its tasks at a high level and transparent service to citizens."
It is noteworthy that the Housing Fund has recently extended the period of repayment of loans granted to citizens as part of the Central Bank's initiative to reach 15 years instead of 10 years, with retroactive effect in response to the exceptional circumstances that the country is going through and to relieve the burden of citizens borrowing.
https://economy-news.net/content.php?id=22413
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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