Wednesday, 10 July 2019 2:49 PM
Baghdad / National Information Center / NNC
The Finance Committee of the parliament on Wednesday that the financial loans launched by government banks on the advances of 100 salaries for employees and 50 million for citizens to build housing units, including the benefits of financial "legal problems."
Committee member Ahmed Hama told the National Expert Center (NNC) that "the issue of interest on the loans of 100 salaries for employees and 50 million for citizens to buy housing units in it is a form of jurisprudence and legitimacy."
He added that "in terms of economic conditions and Iraq and the livelihood of staff is very high interest rates and adversely affect the future income per capita and income of employees in economic terms."
He explained that "the instability of the financial and economic situation leads to concern in the market, and therefore the Finance Committee proposed to reduce the benefits of banking to encourage citizens, and on the other hand a window is opened in all banks so that all citizens can benefit from obtaining a bank loan with reasonable benefits.
From: Star of Ghazi
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