وكالة موازين نيوز
وكالة موازين نيوز
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The Ministry of Construction, Housing, and Public Municipalities denied the existence of any suspicions of corruption in the allocation of loans from the Iraqi Housing Fund. It confirmed that application processes are conducted electronically in an official manner and do not allow for manipulation. The ministry revealed that it has 700 billion dinars with the Ministry of Finance to support increasing the number of beneficiaries of the loans, which amount to over 10,000 loans annually. These loans are accessible, interest-free, and based on a self-financing system that recovers installment payments from previous borrowers. The ministry indicated that the application process is free and available to citizens aged 18 to 65. It also emphasized the necessity of obtaining a building permit from municipal authorities and stated that the application aims to meet demand. Furthermore, the ministry underscored that there is no manipulation involved and announced an investigation into any claims of corruption.
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