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Iran assigns more credit to develop Kermanshah Province

Business Materials 27 September 2020 22:53 (UTC +04:00)
Iran assigns more credit to develop Kermanshah Province

TEHRAN, Iran, Sep.27

Trend:

Iran's Plan and Budget Organization have allocated $595 million in credit to improve the development of Kermanshah Province.

The Head of Iran's Plan and Budget Organization has ordered to issue credit for construction projects that have priority for the government, Trend reports citing IRNA.

The following credit is expected to create 8,111 jobs in Kermanshah Province that currently have a high unemployment rate in the country.

"The government would assign $238 million credit for 17 construction projects by the end of the current Iranian year(started March 20, 2020)," said Mohammad Mohamad Bagher Nobakht.

"The plans would operate before the end of government ruling term in August 2021 to improve the welfare of people in Kermanshah Province," he said.

"There has been an agreement signed by Iran's Housing Foundation, the Imam Khomeini Relief Foundation to construct 2,000 housing units for low incomes by the financial support of the Plan and Budget Organization. The housing units will be inaugurated in spring," he added.

" There has been also agreed to develop a digital network and completing the signal coverage by assigning $11 million credit," he noted.

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