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Labor announces allocated 250 billion dinars in loans for the unemployed
Tomorrow Press / Baghdad: revealed the Ministry of Labour and Social Affairs, Sunday, all allocated 250 billion dinars loans for registered unemployed have, asserting that such amounts will not be affected if the government directed austerity.
The general director of operating loans department in the ministry Riad Hassan for "tomorrow's Press," that "The ministry has a financial plan for the loan allocations over the next year and after approvals have been allocated more than 250 billion dinars in loans to the beneficiaries of the unemployed and registered with our circle," He pointed out that "these loans will be allocated to small and medium-sized projects carried out by the beneficiaries in various fields."
He added that "those loans will not be affected if the government went to the process of austerity in its budget for 2015, because of that those amounts are locked in a sovereign fund to the government."
They expected the Ministry of Planning in October of this year to keep the unemployment rate or rise slightly as Ashrthha last year to 12%.
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