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Proceeds fund housing construction and Housing Ministry received applications for new transactions, lending early next week in all its branches after his revelation amount of advance granted to him by the Council of Ministers to fill the needs of the Director General of the Fund Burhanuddin Salman albassam said with (News Centre for the Iraqi media network): the Housing Fund will on Sunday receive new lending transactions to build residential units or add build.
He added that the Fund would resume receiving new transactions from the first recipients after receiving the full amount allotted as a predecessor of the Cabinet of 305 billion dinars, the equivalent of their customizations for the current year, indicating that the branches of the 10 Fund received permission to start receiving transactions from Sunday. He albassam that fund recipients of loans launched the second and third instalments during last week after initially received $ 100 billion of the total amount advanced by the Council Ministers support fund of the Ministry of Finance instead of their customizations that have been converted to financial abundance of annual oil sales, enabling the Fund to lend to 7500 citizens eligible for the second and third instalments to 1,500 a day, equivalent to 15 billion dinars per day to assist them in completing the construction of housing units.
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He added that the Fund would resume receiving new transactions from the first recipients after receiving the full amount allotted as a predecessor of the Cabinet of 305 billion dinars, the equivalent of their customizations for the current year, indicating that the branches of the 10 Fund received permission to start receiving transactions from Sunday. He albassam that fund recipients of loans launched the second and third instalments during last week after initially received $ 100 billion of the total amount advanced by the Council Ministers support fund of the Ministry of Finance instead of their customizations that have been converted to financial abundance of annual oil sales, enabling the Fund to lend to 7500 citizens eligible for the second and third instalments to 1,500 a day, equivalent to 15 billion dinars per day to assist them in completing the construction of housing units.
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