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Iraqi Central Bank lends 1200 billion dinars to Housing Fund

( Baghdad – The Minister of Housing Tariq Chikhani announced on Tuesday, that the Iraqi Central Bank lent the Housing Fund a loan of 1 trillion and 200 billion dinars, while pointed out that 850 billion dinars of the loan will be paid next week.

Chikhani said in a statement followed by, “The ministry built 70,000 housing units through the Housing Fund,” noting that, “These units were built through lending personal loans to citizens.”

The Minister of Housing also pointed out, “The ministry can provide housing units for citizens who wish to build housing units through direct lending.”

ٍSource: Iraqi News, March 16,2016



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