[rtl]BAGHDAD - Labor and Social Affairs Minister Mohammed Shiaa al-Sudani announced on Thursday the release of three million dinars to the retired and secured workers.[/rtl]
[rtl]Al-Sudani said in a statement that "the advance of the three million dinars for retired and secured workers has been launched in cooperation with Rafidain Bank and the International Company for Smart Card (Key Card) and starting from Thursday 15/3/2018."[/rtl]
[rtl]He added that "the number of retired workers covered by the advance is up to (17) thousand retirees," noting that "the number of insured workers covered by the advance of (250) thousand workers, the total number of retirees and workers covered by the advance of (267) thousand."[/rtl]
[rtl]He pointed out that "the mechanism of obtaining the advance is by filling an electronic form prepared by Rafidain Bank and the retired worker gets the advance without the sponsor and the smart card and his salary," noting that "the workers secured on two types, the first salary is home through the smart card and get the advance from Without a sponsor and the guarantee of the smart card and the second is the one who receives his salary directly and does not have a smart card and gets the advance of the Fund Guarantee after the audit.[/rtl]
[rtl]He explained that "the advance payment on (40) installments and the monthly installment (97500) dinars," stressing that "the total amount allocated to the advance up to (801) billion dinars."[/rtl]
[rtl]He expressed his thanks to the management of Rafidain Bank and the International Smart Card Company for their cooperation in launching the project.[/rtl]
[rtl]On the other hand, he said that "the ministry launched and since 2014 until the end of February 2018 more than (56) thousand loan," noting that "the disbursement of which actually about (43) thousand different types of lending programs provided by the ministry."[/rtl]
[rtl]Al-Sudani said that "the value of the amounts disbursed amounted to (330) billion," explaining that "the total refunds and deposits until the end of February last (74) billion dinars out of the total (91) billion and a repayment rate of 81%."[/rtl]
[rtl]He pointed out that "this is one of the successful activities carried out by the ministry," pointing out that "the ministry opened the introduction of soft loans and loans incubators business and the number of applicants for these loans more than (46) thousand and that the loans will be launched in the form of meals."[/rtl]
[rtl]The minister called on citizens to "not obey the offenders and the weak-hearted people who delude them to complete the transactions of obtaining loans or coverage of social welfare benefits, as well as to not fall under the legal responsibility."[/rtl]
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