Work to recover 59 billion until mid-2017

Work to recover 59 billion until mid-2017

3/24/2018 0:00

42 thousand grants a loan worth 330 billion dinars during the four years of

Baghdad / morning

Granted the Ministry of Labor and Social Affairs, 42 thousand loan in Baghdad and the provinces within the lending programs granted by them, while the successful recovery of 59 billion dinars from the beneficiaries of loans until the middle of last year.

The ministry spokesman Ammar Menem , in a statement to the "morning", the operating loans and the Department granted 42 thousand loan in Baghdad and the provinces, distributed among the programs to support small enterprises, the national strategy for poverty alleviation, as well as granted loans in the field of industrial services and community rehabilitation, noting that the total loans disbursed amounted to 330 billion and 278 million dinars over the past four years, rates were paid 81 percent until the end of last month.

He explained that the support of small income-generating projects program began to work by the year 2013 to find new job opportunities for young people and undermine the unemployment rate and poverty alleviation rates, capital of the Fund amounted to 267 billion dinars, indicating that the operating department loans identified among controls for the provision of loans granted to researchers registered work in its database, according to the priority of registration, of which to be the age of the job seeker is not less than 18 and not more than 45 years, and the management of the project itself, he is not entitled to take delivery of more than one loan and one.

He stressed Menem 's efforts ministry 's tireless efforts to encourage young people of both sexes to engage in free business and promote the work on this side of the culture system, as well as vocational training on how to open small projects and development, noting that there are challenges represented by the rehabilitation of the infrastructure of the areas affected by the state and solving the problem of growing unemployment and poverty, hoping to provide support fragile in society, especially young people through small and medium enterprises categories.

And it disclosed the success of the ministry to recover 59 billion dinars from the beneficiaries of small income-generating loans until the middle of last year, pointing out that he will rotate these amounts for the granting of new loans to other beneficiaries, noting that the ministry implements a young skilled program in coordination with the Ministry of Youth and Sports to give 100 special loan project , as well as granting 100 loans for projects to revive the marshes.