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2016/06/05 | 15:01
(Encyclopedia of the Day News | [You must be registered and logged in to see this link.] ) - Economy News , Baghdad. The Ministry of Construction and Housing and public municipalities, on Sunday, for the individual lending instructions granted by the Housing Fund of Iraq one of the formations ministry to the citizens for the purpose of construction or adding building under the CBI initiative included lending fund the amount of 850 billion dinars. the transfer of the media center at the ministry, Director General of the Department of Housing Fund Iraqi spokesman Bahaa Eddin said in a statement theeconomy News received a copy of it, he and pursuant to instructions issued by the Fund for the loan that was selected for no longer than about 50 million dinars for each lending case, It will include all Iraqi citizens between the ages of 22 and 65 years except for the Kurdistan region, and does not include agricultural and industrial land.he pointed out that the loan is granted for the purpose of construction or adding building who owns a piece ofresidential land on the face of independence or rumored to have not less than 100 square meters construction area of not less than 65 m2, and will pay a two - stage 40 for Albadlo veal phase and 60 for stage finishes, or 60 for roofing stage and 40 for complete terminations on that Aymanh loan at once. confirmed the instruction to the beneficiary to provide guarantor guarantor or more civil servants Aldaimyin or employees of the Ministry of Interior officer above that covers half of their pay nominal monthly premium amount, also bears the borrower 's wages administrative services of $ 1 from the value of the loan is taken once for the first batch and 2 Exchange annual and special interest for the Central Bank of Iraq. identified instruction time between Akoshvin first and second that no more than six months, otherwise forfeits his right to claim the second installment, indicating that the borrower bears the wages of detecting the amount of 60,000 dinars each time, and that the loan repayment period is 10 years. This includes the loan of citizens who took the initiative to get him a written request, it can also include borrowers ex who did not receive full payments initiative by submitting a written request for the purpose ofincluding them in the initiative to adopt the same as the previous amount of a maximum of 35 million of the capital Baghdad , and 30 million for the rest of the provinces that continue to work Fund terms of payments received and the same term of 15 years and dependent mechanism and the new terms of the amounts lent under the initiative.according to the instructions issued by the Fund, should the citizens who wish to obtain a loan to provide support land of talk does not go by the more than 6 months and vacation building in force does not go on for more than three certified years and map modern border install it does not go out more than 3 months and map building certified, as well as to make a formal ensure that the civil servant or member of the Interior officer above the personal archives of the borrower and the guarantor. direct and it is hoped the release of loans to citizens early next month. in mm
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