Labor Parliamentary announces the allocation of 10,000 operational loans to the unemployed
11:26 - 18/08/2019
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The Committee on Labor and Social Affairs of Parliament, on Sunday, announced the allocation of 10,000 operating loans within the draft federal budget law for 2020 for the unemployed.
Committee member Fadhel Jaber said in a statement to the information that the 2020 budget will include the allocation of ten thousand operational loans for the unemployed to solve the unemployment crisis, pointing out that the amounts of loans will range from eight to ten million Iraqi dinars.
Jaber added, "The parliamentary work committee is currently working to increase the volume of loans to twenty thousand to employ more numbers of unemployed graduates," noting that "loans will be disbursed according to controls, including the size of the project and its presence on the ground."
It is noteworthy that the Committee on Labor and Social Affairs of Parliament has announced, earlier, the existence of 60 thousand degrees of employment within the draft federal budget law for 2020.