Government Loans for Transport Vehicles Approved in New Iraqi Cabinet Decisions

The Iraqi government has approved a new set of measures aimed at boosting employment and economic activity, highlighted by the launch of government loans for purchasing modern transport vehicles.

The initiative specifically targets registered unemployed individuals under the Ministry of Labor and Social Affairs.

These government loans are designed to help beneficiaries acquire passenger transport vehicles of various capacities, opening sustainable income opportunities within the transportation sector.

The program also links borrowers with specialized transport companies through renewable annual contracts to ensure stable operations.

Organizing Transport and Job Creation

The government loans initiative includes modern operational mechanisms such as digital platforms for citizen transport requests, school and university transportation, and services for government and private-sector employees.

Monthly payments are processed through banking cards, alongside structured social security contributions.

Supporting Administrative Decisions

In parallel, the cabinet approved additional administrative adjustments, including replacing previously allocated land plots in Basra with alternative sites, ensuring effective utilization and distribution among Ministry of Defense personnel.

These decisions reflect a broader government strategy to align social policy with practical economic solutions, generating direct employment opportunities, improving services, and enhancing overall economic stability.