Friday, 17 February 2012 22:30 | | |
Baghdad (AIN) -Member of the Financial Parliamentary Committee Haitham al-Joboury pointed out that “The law related to granting loans for the micro-projects run by unemployed people which has been endorsed by the Parliament on last January, has been activated by the Financial Committee.”
He stated to All Iraq News Agency Friday “The Government will support the Fund of Supporting the Micro-Projects with about IQD 150 billion to be distributed equally on the Iraqi provinces,” stressing that “Each group of unemployed persons will be granted from (IQD 5-15) million without interests and installments will depend on the amount of the loan.”
“This project is part of the solutions set by the Parliament to reduce the number of the unemployed people and raise their living standards,” according to MP Jubouri.
The Parliament has endorsed a law to financially support the micro-projects run by the unemployed people on last January 19th.