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Tribute to step serviced land distribution
7/6/2016 0:00
[rtl] BAGHDAD - Farah pumice
received government step for firing the distribution of residential land serviced ininstallments for the citizens and the broad economic acclaim, as Iraqis Economists Association confirmed the importance to achieve an integrated development of the country 's cycle.
The Vice - President of the Assembly expert on behalf of Antoine »Sabah»: The «country in dire need for this type of strategic projects, especially that Iraq suffers from ahousing crisis exceed 3 million housing units in the light of increasing population density annually by nearly 3 percent, equivalent to the need for 180,000 additional housing units a year to get rid of the slums and find shelter for the Iraqi people and this confirms thecommitment of the government provided under the Constitution ».
according to Antoine, these projects will create employment opportunities for Iraqi idle hands to work in the construction and reconstruction projects, it will also work on theconsumption of construction materials from cement and bricks local Kashi made, which could lead to the reduction of poverty and the housing crisis proportions in the country .
However , he pointed to the need to adopt a program and mechanisms of real action, calling on the Council of Ministers to continue to work these decisions that concern thecitizen and the follow - up to accomplish real control to achieve the completion ofguaranteed rates. he
also stressed the importance combined with soft loans on the table by the central bank through the support of the relevant banks, particularly real estate them.
the Council of Ministers have a look at its meeting last week, the launch of the electronic program of residential, industrial and agricultural loans in accordance with the loan application form mechanism $ 6.5 trillion dinars distributed among the various projects ,including small businesses that provide jobs and wide.
he urged the Vice - President of the Assembly that the «be the benefits of appropriate by 3 to 4 percent of loans for being non - productive, but residential and non weights citizen burdens of these benefits as well as be a long - term periods of repayment for at least 10 years , similar to the countries of the world, as well as insurance for this type of project , allowing insurance companies to run, and thus ensure the realization of anintegrated economic cycle in the country.
and Antoine saw that these projects provide stability to the citizen and the sense ofcitizenship and not paid to the migration to countries
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