Parliamentary Economist: The Central Bank has informed us of its willingness to increase the funds of the national project for youth employment
18:44 - 20/20/2020
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The Parliamentary Economy and Investment Committee confirmed on Monday that the Central Bank of Iraq informed it of its willingness to increase the amount of funds allocated to support the national project to employ unemployed youth.
Committee member Ibrahim Charter said in a statement to / Information /, “The central bank has allocated one trillion Iraqi dinars to support the Ministry of Planning’s plan to employ youth through the national project that relates to the agricultural and industrial aspect.” The plan recorded a great turnout by young entrepreneurs.
She added that "the Central Bank of Iraq will provide youth loans up to a maximum of 50 million dinars to be repaid in ten years and the beneficiary will be exempted from the installments for the first two years", indicating that "Fouad loans do not exceed 3%."
And the Ministry of Planning launched last week two projects within the national project to provide job opportunities for young people, which will provide job opportunities for more than two thousand young people from Dhi Qar.