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[size=52]Al-Kazemi: There is no alternative to the national project to solve the housing crisis[/size]
[size=45]Yesterday, Wednesday, Prime Minister Mustafa Al-Kazemi confirmed that the repayment period for construction loans will reach 20 years. Al-Kazemi said in an interview with his visit to the Housing Fund Bank, which was transmitted by his media office in a statement received by (Al-Mada),[/size]
[size=45]Our visit to this bank today comes as a continuation of the initiatives we have started related to the distribution of residential land to citizens, and the granting of soft loans to them; for the purpose of building it,” noting that “he directed us to facilitate procedures and bypass red tape and bureaucracy in promoting citizens’ transactions.” He pointed out that "we have allocated large sums of money to finance granting loans to citizens with interest up to zero, and on concessional terms," noting that "the Central Bank, under the direction of the government, worked to increase the allocations for the housing sector in order to include the largest number of beneficiaries." Al-Kazemi confirmed, according to the statement, that “the loan repayment period will reach (20) years; Thus, the payment premiums will not be a burden on the Iraqi citizen,” explaining that “our goal is to provide housing for all citizens, whether through the distribution of plots of land, or initiatives to grant interest-free loans to applicants for investment complexes.” He pointed out that "there is no alternative to the national project to solve the housing crisis in the country."[/size]
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[size=45]Yesterday, Wednesday, Prime Minister Mustafa Al-Kazemi confirmed that the repayment period for construction loans will reach 20 years. Al-Kazemi said in an interview with his visit to the Housing Fund Bank, which was transmitted by his media office in a statement received by (Al-Mada),[/size]
[size=45]Our visit to this bank today comes as a continuation of the initiatives we have started related to the distribution of residential land to citizens, and the granting of soft loans to them; for the purpose of building it,” noting that “he directed us to facilitate procedures and bypass red tape and bureaucracy in promoting citizens’ transactions.” He pointed out that "we have allocated large sums of money to finance granting loans to citizens with interest up to zero, and on concessional terms," noting that "the Central Bank, under the direction of the government, worked to increase the allocations for the housing sector in order to include the largest number of beneficiaries." Al-Kazemi confirmed, according to the statement, that “the loan repayment period will reach (20) years; Thus, the payment premiums will not be a burden on the Iraqi citizen,” explaining that “our goal is to provide housing for all citizens, whether through the distribution of plots of land, or initiatives to grant interest-free loans to applicants for investment complexes.” He pointed out that "there is no alternative to the national project to solve the housing crisis in the country."[/size]
[size=45][You must be registered and logged in to see this link.]
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