Committee set up for distributing loans on unemployed

(MENAFN) Iraq's Governor of Babylon recently announced the establishment of a committee to develop mechanisms for the distribution of facilitated loans, Iraq Directory reported.

He further added that the committee is being established for the unemployed registered in the social protection network in the Babylonian Governorate.

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It is worth mentioning that the Iraqi Cabinet allocated $30 million to cover these loans in each governorate and set aside $50 million for Baghdad.

Source: http://www.menafn.com