On: Friday 22/7/2011 6:55
Baghdad / term follow-up of economic
and called on the Minister of Construction and Housing Mohammed Darraji the House of Representatives to expedite the passage of a law the new housing fund, which was prepared by the Ministry. Daraji said that the new law will help greatly in alleviating the housing crisis,
Adding that the housing fund will be the largest financier of housing projects in the country.
He stressed that the new law will allow all citizens to borrow, regardless of whether they are employees or retirees, in addition to reducing the rate of benefit on loans to zero, but only to fees incurred on the treatment of borrowing, as well as raising the ceiling borrowing to 30 million dinars instead of 25 million currently in place and all the provinces.
The Darraji that the ministry is seeking to raise the fund's capital to reach the trillion dinars to be able to accommodate the largest number of citizens of borrowers for the purpose of building houses for them, indicating that the housing fund has dramatic spike in his work and increase the proportion of lending to employees and retirees during the past six months, especially after the reforms carried out by opening new branches in a large number of provinces, which facilitated the delivery of transactions and lending are covered, as well as a shortcut rings routine and complete transactions fundamentalism in less than 30 days .
It is noted that the housing fund grants loans to employees and retirees under certain conditions have been identified by the Board of Trustees of the Fund and the $ 25 million.
In the meantime, prepared by the Ministry of Construction and Almascan integrated plan for the rehabilitation of its affiliated companies and providing them with mechanisms and equipment developed since the beginning of the year.
An official source in the ministry that the companies made good profits during the first half of this year, adding that the ministry is seeking to develop the companies are bigger and wider, through inclusion in partnerships with the operating companies are known to add a new technology and modern in the implementation of projects.
He said the rehabilitation of companies create jobs additional unemployed youth, which aspires to the ministry in the near future.
it announced the Ministry of Construction and Housing half done the work of Bridge Project Darraji concrete in the province of Muthanna, located on the Euphrates River.
An official source at the ministry, "told the independent press," The bridge is one of the bridges mission in the province, noting that it would be a replacement of the bridge floating collapsing, and reliable in reducing traffic momentum in terms of Darraji, as well as to stimulate trade and transfer of agricultural crops between regions located on the banks of the Euphrates River in Al Muthanna.
He explained that the establishment of the bridge is part of projects funded by the World Bank, with a total cost of the bridge $ 4 million and a length of 245 meters with Mqterpat from both sides, and a width of 9 meters to the passage of vehicles, and 1.5 meters of the walkways on both sides.
so called economic expert, contrary goldsmith to the need to reconsider the plan of national development strategy, emphasizing that it is able to put the current advancement of the Iraqi economy.
He said the goldsmith's Agency (news): It is necessary to reconsider the plan of the National Development Strategy and should be changed and filling gaps where they are not able to promote the country's economy,
pointing out that it is logical in many observations.
He said: Yes, there are important issues which, but marred by a lot of notes, especially the revitalization of the private sector through the purchase of what produced this sector, surprising that the private sector does not produce anything, how we buy it.
He called economic expert, that there is a plan agreed upon by all and the creation of employment policy in the country led by the Ministry of Labour and Social Affairs through which you can activate the market and the Iraqi economy.
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