Home
Mayahi: Parliament will vote today on the passage of a law containing the amendment Housing Fund capital of 300 billion dinars to a trillion dinars
On: Sat 24/09/2011 8:00
Baghdad (news) .. MP said the mass / Iraqi white / Mayahi Aziz Sharif, The Council of Representatives will vote today to approve the Housing Fund Act, which will include the amendment to the Fund's capital of 300 billion dinars to a trillion dinars.
He said in a statement received Mayahi Agency (news) a copy of it on Saturday: "The Fund will distribute these funds as loans to citizens for the construction of housing for them to be repaid within a period of 25 years without interest."
He continued: "This amendment is very important because it will benefit from the citizens, especially low-income people who do not have a home."
And that "the housing fund would also assist the Ministry of Construction to build residential complexes as part of its annual investment in all the provinces, thus contributing to the oversupply of housing units and reduce demand."
[You must be registered and logged in to see this link.]
IMO Follow the money ….It looks like they are readjusting budget figures
On: Sat 24/09/2011 8:00
Baghdad (news) .. MP said the mass / Iraqi white / Mayahi Aziz Sharif, The Council of Representatives will vote today to approve the Housing Fund Act, which will include the amendment to the Fund's capital of 300 billion dinars to a trillion dinars.
He said in a statement received Mayahi Agency (news) a copy of it on Saturday: "The Fund will distribute these funds as loans to citizens for the construction of housing for them to be repaid within a period of 25 years without interest."
He continued: "This amendment is very important because it will benefit from the citizens, especially low-income people who do not have a home."
And that "the housing fund would also assist the Ministry of Construction to build residential complexes as part of its annual investment in all the provinces, thus contributing to the oversupply of housing units and reduce demand."
[You must be registered and logged in to see this link.]
IMO Follow the money ….It looks like they are readjusting budget figures
Last edited by deniscanada on Sat Sep 24, 2011 4:25 am; edited 1 time in total (Reason for editing : added link)
