Minister of Labor announces extending the age of loan applicants to 60 years

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Minister of Labor announces extending the age of loan applicants to 60 years

“The necessity of announcing training workshops to encourage young people to enter into real income-generating projects to raise the economic level of families and provide them with a decent life” was the directive issued by the Minister of Labor and Social Affairs, Ahmed Al-Asadi, to raise the loan applicant age to 60.

Al-Asadi likewise coordinated, as per an assertion by the service, a duplicate of which was during his leading of a gathering of the Governing body of the Asset for Supporting Little Pay Creating Ventures, “to expand the period for advancing the exchanges of borrowers whose names showed up in the past clumps from 90 days to a half year to empower them to finish the legitimate methods expected of them.”

He emphasized that “the ministry can launch new batches for young job seekers who have applied to the database” and that “the need to enhance the fund’s capital is necessary.”

During the gathering, the suspension of the utilization of identity and ethnicity declarations in advancing credit exchanges was examined, in light of the choice of the Service of Inside to suspend their utilization and depend on the bound together public card.