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Member of the economy: you must activate the fund to support small projects for the development of national economy

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rockhound60


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06-03-2012 | (Voice of Iraq) - Baghdad (news)

Student member of the Committee of Economy and Investment MP / National Alliance / Abdul-Abbas estrus activate Fund to support small projects generating income for the development of the Iraqi economy and create jobs for the unemployed.
. The estrus (of the Agency news) said on Tuesday: should speed up the activation Fund to support projects small income-generating, which was approved by the House of Representatives as a Seder substantial funds and provides jobs for the unemployed, helping to promote the economic development of the country as is the case in most countries of the world .
He added that the project will be a guarantor for the advancement of the process of economic development, if built on the foundations of scientific and economic sound and clear, calling for scrutiny of how to spend the money by the borrower through shall be obligated to provide the feasibility of the project which will begin by opening and find out the type of project in order are not taken to exchange the money for things other than the projects agreed them.
The project grants soft loans for the unemployed and who knows the fund to support small projects generating income have been enacted by specialists and experts in the economy for the enactment of the special and creates job opportunities for the largest number of unemployed.
The loan amount of $ (20) million dinars for the unemployed, provided that the owner of the loan is registered with the Ministry of Labour and Social Affairs that actually unemployed and he needs to operate ten people are unemployed the project, which also Sancoh.
. The House voted on the Iraq fund to support income-generating projects and allocated a sum (150) million dollars has been published in the Official Gazette.

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