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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The Central Bank announces the success of its initiative to solve the housing problem

    Rocky
    Rocky
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    The Central Bank announces the success of its initiative to solve the housing problem Empty The Central Bank announces the success of its initiative to solve the housing problem

    Post by Rocky Wed 01 Sep 2021, 7:20 am

    The Central Bank announces the success of its initiative to solve the housing problem

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    The Central Bank of Iraq announced the success of its housing initiative, which developed quick solutions to the housing crisis, noting that the (Iraq Marshall Project) provided job opportunities for women and restarted factories.
    Deputy Governor of the Central Bank, Ihsan Shamran Al-Yasiri, said, "The bank launched two initiatives related to housing, the first with 5 trillion dinars, and the other with one trillion dinars, bringing the total to 6 trillion dinars," according to "conscious."
    He added that "the first initiative is through the Real Estate Bank to buy housing units in or outside the complexes, in addition to the second initiative in the Housing Fund to finance the construction of housing units by the public, which witnessed a wide turnout for them."
    He pointed out that "the housing initiative is considered one of the most successful initiatives because it has absorbed the housing problem," noting that "the housing initiative, which extends to 20 years without benefits, except for a simple commission."
    He continued, "We launched one trillion for private banks to meet the various demands of the public, including housing, in addition to initiatives for the agricultural and industrial sectors," explaining that "since 2015 until now, this initiative has enhanced liquidity and given opportunities to the public to compensate for government jobs through financing, investments and employment."
    Al-Yasiri stressed, "The Iraq Marshall Project gave hope to employ and empower women and restart factories," noting that "the project is large and is still ongoing."
    And about the reserves of the Central Bank, the Deputy Governor of the Central Bank stated, "The Central Bank's reserves of hard currency have so far reached 60 billion dollars."
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