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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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    Clarification from the Labor Department on the procedures for granting loans to finance private proj

    Rocky
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    Clarification from the Labor Department on the procedures for granting loans to finance private proj Empty Clarification from the Labor Department on the procedures for granting loans to finance private proj

    Post by Rocky Thu 11 Jul 2024, 6:45 am

    [size=35][size=35]Clarification from the Labor Department on the procedures for granting loans to finance private projects[/size]
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    2024-07-11 | 06:19
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    Alsumaria News - Local

    The Ministry of Labor and Social Affairs recorded a turnout by the youth to implement new projects with real economic feasibility, in conjunction with the launch of steps to simplify the procedures for granting loans to beneficiaries, to finance their own projects, in line with the requirements of the labor market.


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    The ministry spokesman said[url=https://www.alsumaria.tv/entity/1031426362/%D9%86%D8%AC%D9%85 %D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%A8%D9%8A/ar/]The star of punishment[/url]His ministry has recorded a turnout of young people who have been included in the loan programs approved by it, with the aim of implementing new and real projects with economic feasibility, and working to improve their situation and create job opportunities for them and their peers, especially after enrolling them in courses that enable them to prepare an economic feasibility study appropriate to the nature of each project and its extent of benefit in the labor market and the desired results from it.



    He pointed out that these projects educate them about benefiting from loans to change their financial and social status, by seeking to reduce the phenomenon of unemployment and revive the economy and human development, noting that the last batch launched by his ministry includes more than 2,800 borrowers, including 700 covered by the protection network, stressing that there are new batches that will be announced soon.

    Al-Aqabi stated that the loans were granted to beneficiaries from the job seekers category according to the new lending law, in order to finance their own projects in line with the requirements of the labor market and enhance the national economy, and create effective and productive elements in society from this category.

    He explained that his ministry has begun steps to facilitate and simplify the procedures for granting loans, with the aim of raising the level of services it provides to beneficiaries, especially after raising the loan amounts from 20 to 50 million dinars, to support applicants, within the Riyada program for innovative and smart projects, noting that the goal of raising the loan amount is to encourage them to present real and income-generating projects that contribute to reducing the phenomenon of unemployment, according to the official Al-Sabah newspaper.
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