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Work includes 23 projects with business incubator loans during the year 2019
11:06 - 29/12/2019
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The information / Baghdad ..
On Sunday, the Ministry of Labor and Social Affairs announced the inclusion of 23 industrial and service projects with business incubator loans during the year 2019, at 378 million dinars.
The Director General of the Labor and Vocational Training Department, Raed Jabbar Bahd, said in a statement that he received / Information /, a copy of it, that “within the strategy to eliminate unemployment, loans were granted to (23) projects within the business incubators adopted by the department, through which 96 workers who were searching for the work".
Bahd added, "The projects that were granted loans varied between an innovative project for a new product and a development or traditional project," indicating that "the interest rate on the loan is only 3% with the granting of non-payment for a period of one year, after which the amount will be recovered in a five-year installment." Ended / 25
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