April 03 2018 09:47 p
Al-Bijari said in a press statement that "the rules of employment of graduates and certificate holders and the support of young people approved by the Parliament include the release of soft loans in cooperation with the Central Bank and private banks, as well as small and medium loans and projects supported by the Ministry of Labor and Social Affairs."
"These projects will achieve their objectives within a year of their launch, and will be applied initially in the provinces of Basra and Nineveh."
She added that "these projects will provide large employment opportunities up to 150 thousand opportunities annually to reach one million jobs for the next seven years, and thus reduce the unemployment rate over the next ten years," indicating that "these projects will be allocated to support young people."
She pointed out that "there is coordination in the government to activate these projects in cooperation with private banks and a low interest rate," noting that "some of the loans will be through Murabaha and through Islamic banks."