Minister: Allocating about 400 billion dinars in the budget to support the lending fund in Iraq
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Shafaq News/ The Minister of Labor and Social Affairs, Ahmed Al-Asadi announced, on Sunday, that his ministry will support small projects by allocating about 400 billion dinars in the budget to support the Lending Fund.
This came during a speech he delivered during the annual conference and exhibition of business incubator projects, which was set up by the Department of Labor and Vocational Training with the support of the German Agency for International Cooperation.
Al-Asadi explained in his speech that the ministry will work to support small projects by allocating about 400 billion dinars in the general budget to support the loan fund, noting that the ministry seeks to make the loans it grants productive loans for real projects.
The conference concluded with a tour by the Minister in the business incubators exhibition to see the successful and pioneering experiences of a group of young people, whose projects have achieved economic feasibility, while shields were distributed among distinguished training centers in a number of governorates, and certificates of appreciation were awarded to owners of pioneering innovative projects.
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