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[size=52]Parliamentary Finance reveals several positives for retiree loans[/size]
- Today 12:50
Information / Baghdad
On Thursday, a member of the Parliamentary Finance Committee, Representative Moeen Al-Kadhimi, confirmed 5 positive aspects of retiree loans.
Al-Kadhimi said in an interview with Al-Ma’louma, “Loans with their various titles have an economic dimension and contribute to moving the compass in creating many job opportunities, whether for companies or individuals, and it is a common framework in all countries’ economies, with different visions in implementation in terms of interest rates.”
He added, "The retirees are a large segment in Iraq, but the bulk of them are under difficult circumstances with the variables of markets, prices, and the burdens of life in general," pointing out that "his committee supports the provision of soft loans because they carry positive aspects centered around creating job prospects in the private sector in addition to helping them increase their income." income, not to mention the possibility of using it in other fields.”
He pointed out, "We support a vision that we hope will be implemented in 2024 to reduce the interest rate for retirees' loans and to have it at a specific level that does not constitute any financial pressure on them in terms of accumulating interest on the original loan amount."
Iraqi banks grant financial loans to retirees with high interest rates that burden families with the accumulation of sums.
[You must be registered and logged in to see this link.]
On Thursday, a member of the Parliamentary Finance Committee, Representative Moeen Al-Kadhimi, confirmed 5 positive aspects of retiree loans.
Al-Kadhimi said in an interview with Al-Ma’louma, “Loans with their various titles have an economic dimension and contribute to moving the compass in creating many job opportunities, whether for companies or individuals, and it is a common framework in all countries’ economies, with different visions in implementation in terms of interest rates.”
He added, "The retirees are a large segment in Iraq, but the bulk of them are under difficult circumstances with the variables of markets, prices, and the burdens of life in general," pointing out that "his committee supports the provision of soft loans because they carry positive aspects centered around creating job prospects in the private sector in addition to helping them increase their income." income, not to mention the possibility of using it in other fields.”
He pointed out, "We support a vision that we hope will be implemented in 2024 to reduce the interest rate for retirees' loans and to have it at a specific level that does not constitute any financial pressure on them in terms of accumulating interest on the original loan amount."
Iraqi banks grant financial loans to retirees with high interest rates that burden families with the accumulation of sums.
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