announced the Ministry of Planning, Sunday, announced the launch of Labor and Social Fund for Development project in Iraq , with an initial capital of $ 300 million. 

"The Ministry of Planning launched a project of the Social Fund for Development in Iraq, which was organized in cooperation with the World Bank and the Ministry of Planning in the Kurdistan region and the local government in the province of Dohuk ," the ministry's media office said in a statement received by Alsumaria News. Living conditions and opportunities for the poor and the disadvantaged through improving their access to services and job creation. "
He added that "the project is a soft loan provided by the World Bank, and includes three provinces in the first phase, the provinces of" Muthanna - Salahuddin - Dohuk, "and will include three other provinces in the second phase, the provinces of" Nineveh - Qadisiyah - Dhi Qar ", To include all the remaining provinces in the third phase. " 

"The Social Fund for Development represents a $ 300 million five-year project aimed at improving living conditions and creating opportunities for the poor and the disadvantaged in Iraq by improving their access to Iraq," said Najla Ali Murad, director general of Iraq's Poverty Reduction Strategy. Basic services and ultimately create jobs in communities. "

"The project works to achieve its objectives by funding sub-projects at the community level in the areas of education, health, water, small economic infrastructure and access to markets, as well as strengthening the capacities of MFIs to support SME development, technical assistance and capacity building" . 

It is noteworthy that a number of Iraqi provinces have been sabotaged by the control of the organization advocated by 2014, while some of the southern provinces of the decline in the standard of living due to lack of resources.