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Jul 17 2011

North Iraq's Kurdistan government grants 25 billion dinars to support mini-projects for unemployed young men.


ARBIL: The government of north Iraq's Kurdistan Province has allocated 25 billion Iraqi dinars for a special fund to help the unemployed young people to open mini-projects, according to Kurdistan's Labor & Social Affairs Minister, Asus Najib.

On his part, the Ministry's Media Director, Abbas Akram told Aswat al-Iraq news agency the Ministry had distributed 1,300 documents for unemployed young people, with ages between 18-35 years, to grant each of them a 15 million dinar credit to start a mini-project.

"The credits had been granted for unemployed young people, who are not linked to the state bodies or the private sector," Akram said, adding that there won't be a limited number of such documents.

A U.S. dollar equals 1,118 Iraqi dinars approx.

© Aswat Aliraq 2011

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