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Bassam: We need to 750 billion dinars to repay borrowers transactions
September 28, 2015 19:31
BAGHDAD / Zora:
Director General of the Housing Fund of the Ministry of Construction and Housing and public municipalities proof Bassam revealed the need for housing fund to 750 billion dinars to repay borrowers transactions
, he said Al-Bassam said the fund is currently incapable of dues borrowers who completed their transactions because of the lack of financial balance in the fund, exchange, stressing The instruments such transactions ready dues, amounting to about 750 billion dinars.
and between: that the Fund received during this year 100 billion dinars in the 2015 budget and this amount is very small. Noting that the fund Srvyate during the previous period ranging between 500 and 600 billion dinars annually.
He said Al-Bassam said the fund despite the lack of allocations of $ 100 billion this year, he bravely regardless 190 billion dinars during this year as a result of repayments by the Fund of borrowers received by the previous years.
He noted that Ajerouat Housing Fund received echo broad public between citizens being granted home loans without interest.
The Al-Bassam said in the case of the provision of funds through an agreement with the Iraqi Central Bank to allocate 850 billion dinars within the lending project to support the industrial, agricultural and residential sectors, the fund will be able to complete the transaction exchange rate during the month.
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September 28, 2015 19:31
BAGHDAD / Zora:
Director General of the Housing Fund of the Ministry of Construction and Housing and public municipalities proof Bassam revealed the need for housing fund to 750 billion dinars to repay borrowers transactions
, he said Al-Bassam said the fund is currently incapable of dues borrowers who completed their transactions because of the lack of financial balance in the fund, exchange, stressing The instruments such transactions ready dues, amounting to about 750 billion dinars.
and between: that the Fund received during this year 100 billion dinars in the 2015 budget and this amount is very small. Noting that the fund Srvyate during the previous period ranging between 500 and 600 billion dinars annually.
He said Al-Bassam said the fund despite the lack of allocations of $ 100 billion this year, he bravely regardless 190 billion dinars during this year as a result of repayments by the Fund of borrowers received by the previous years.
He noted that Ajerouat Housing Fund received echo broad public between citizens being granted home loans without interest.
The Al-Bassam said in the case of the provision of funds through an agreement with the Iraqi Central Bank to allocate 850 billion dinars within the lending project to support the industrial, agricultural and residential sectors, the fund will be able to complete the transaction exchange rate during the month.
[You must be registered and logged in to see this link.]
