Central Bank of Iraq: Increasing housing sector allocations

---

The Board of Directors of the Central Bank of Iraq decided to increase the shares of the housing initiative to the Real Estate Bank and the Housing Fund by an amount of (2.6) trillion Iraqi dinars. The amounts were distributed by (1.5) trillion dinars to the Real Estate Bank and (1.1) trillion dinars to the Housing Fund.

 

It is noteworthy that the initiative of the Central Bank of Iraq to support the housing sector contributed to solving an essential aspect of the housing crisis in Iraq and caused significant economic development.

 

Central Bank of Iraq

     Media Office

November 2, 2021