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Today, Friday, the Central Bank of Iraq determined the interest of granting loans to purchase solar energy systems.
The Deputy Governor of the Central Bank, Ihsan Al-Shammari, said while presiding over the meeting of the National Committee for the Central Bank’s initiative for the purpose of purchasing solar energy systems: “The loans are with an interest rate of no more than 1%, and they are considered like interest-free loans,” noting that “the solar systems must That they be according to the latest specifications that ensure that the systems are easy to use, sustainable, and of high specifications and quality for use by citizens and other activities.” Al-
Yasiri stressed, according to the statement, “the launch of specifications and loans is imminent soon,” noting that “
He explained that "the central bank and the concerned banks will be ready to receive loan applications, and we will inevitably witness a great demand for such loans, especially as it will be an end to the citizen's suffering from spending on private generators and the pollution they cause to air and hearing, and to go to solar energy systems that provide sufficient hours and clean energy." Insured and at a lower cost.
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