A parliamentary committee decides to host officials from the Iraqi Central Bank to discuss the loan and interest mechanism
A parliamentary committee decides to host officials from the Iraqi Central Bank to discuss the loan and interest mechanism
2024-03-21 08:22
Shafaq News/ The Parliamentary Finance Committee announced, on Thursday, the imminent hosting of bank officials to follow up on the initiative of the Central Bank of Iraq and the loan and interest mechanism to finance projects and loans.
Committee member Mustafa Al-Karaawi told Shafaq News Agency: “The Parliamentary Finance Committee is closely following the Central Bank’s initiative and the mechanism for issuing loans from banks to finance medium and small projects and housing loans, in addition to employee advances.”
He added, “The Parliamentary Finance Committee will, in the coming period, host officials at the Central Bank and general managers of banks to discuss the mechanism for granting loans, interest, and the repayment period, provided that the interest is decreasing.”
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