Central Bank raises allocations for purchasing housing units to 3 trillion dinars
Central Bank raises allocations for purchasing housing units to 3 trillion dinars
2026-10-18
Shafaq News – Baghdad
On Sunday, the Central Bank of Iraq decided to increase financial allocations to support the housing sector to 3 trillion dinars, with the aim of meeting the demands of citizens wishing to purchase housing units within residential complexes.
According to a document issued by the Central Bank and received by Shafaq News Agency, the decision is based on the provisions of the Bank Law No. (56) of 2004, as amended, and includes increasing the amount of allocation referred to in a previous letter issued on August 22, 2024, from one trillion dinars to three trillion dinars, according to the same conditions stated in the previous letter.
The document requested the presence of the general manager at the bank’s headquarters, for the purpose of signing the contract addendum designated for this purpose, and completing the necessary procedural formalities.
shafaq.com
