Economy Minister, Ali Al-Issawi has disclosed an agreement between the ministry and 6 commercial banks to finance loans for young people early next year.
The state will guarantee 50% of the loan, within the framework of the Development Fund Reconstruction Program.
In a related context, Al-Issawi clarified, in a statement to the “Markets and Banks” website on Thursday that the Ministry is in the process of activating the antitrust law, which was paralyzed since 2010.
He indicated that the ministry had proposed the formation of an antitrust council with a founding budget, explaining that the proposal was submitted and is pending the Presidential Council’s decision.
