The focus of economic reform launched ..

The focus of economic reform launched ..






Monday 07 September 2015


Based on the first package of reforms presented by the Prime Minister, Dr. Haidar al-Abbadi, at the center of economic reform to stimulate the economy in the country and run the unemployed, has acknowledged the crisis cell at its sixth meeting on 08.24.2015 under the chairmanship of Prime Minister of the lending mechanism in the industrial, agricultural and housing area, which will be awarded in accordance with the instructions issued by the Central Bank and other banks. As shown as follows:

Industrial, agricultural and housing lending mechanism

(Iraqi Central Bank loan program for the year 2015)

First: General Conditions

1. be granted a loan from the central bank for each specialist Bank (agricultural, industrial, real estate, and housing fund) for a period of five years, including a grace period for a period of 6 months, extendable to five years with the approval of the Central Bank at the request of the bank borrower or the Fund.

2. The amounts distributed to banks and housing fund according to the following percentages: -
- 33% Industrial Bank.
- 33% of the Agricultural Bank.
- 17% Real Estate Bank.
- 17% of the housing fund.


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Based on the first package of reforms presented by the Prime Minister, Dr. Haidar al-Abbadi, at the center of economic reform to stimulate the economy in the country and run the unemployed, has acknowledged the crisis cell at its sixth meeting on 08.24.2015 under the chairmanship of Prime Minister of the lending mechanism in the industrial, agricultural and housing area, which will be awarded in accordance with the instructions issued by the Central Bank and other banks.