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Economy News - Baghdad
On Wednesday, the Minister of Labor and Social Affairs, Ahmed Al-Asadi, announced the Council of Ministers' approval to double the capital of the Soft Loans Fund, while specifying three levels for granting loans.
Al-Asadi said, "The soft loans to support the segment of young people looking for work in order to establish their projects previously were from 10-20 million dinars only," noting that "the ministry obtained the approval of the Council of Ministers to double the fund's capital to one trillion and 100 billion dinars."
He added, "We set three levels of loans, which are the first level of 10-20 million dinars per person, the second level of 50 million dinars, provided that the project is not less than five individuals, and the third level of 100 million dinars, and that the number of workers in it is not less than 10 individuals." The official news agency.
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Added 01/04/2023 - 8:39 PM
Updated 01/05/2023 - 11:59 AM
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Economy News - Baghdad
On Wednesday, the Minister of Labor and Social Affairs, Ahmed Al-Asadi, announced the Council of Ministers' approval to double the capital of the Soft Loans Fund, while specifying three levels for granting loans.
Al-Asadi said, "The soft loans to support the segment of young people looking for work in order to establish their projects previously were from 10-20 million dinars only," noting that "the ministry obtained the approval of the Council of Ministers to double the fund's capital to one trillion and 100 billion dinars."
He added, "We set three levels of loans, which are the first level of 10-20 million dinars per person, the second level of 50 million dinars, provided that the project is not less than five individuals, and the third level of 100 million dinars, and that the number of workers in it is not less than 10 individuals." The official news agency.
601 views
Added 01/04/2023 - 8:39 PM
Updated 01/05/2023 - 11:59 AM
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