translation: The Central Bank of Iraq announces an increase in the allocation to the housing sector to more than dinars, including (1) trillion dinars for the real estate bank and about (900) billion dinars for the housing fund, the Central Bank of Iraq announces an increase in the allocation to the housing sector to more than (1.9) trillion to raise their ability to make initiative funds available to the largest number of beneficiaries. This brings the total amounts allocated to the Real Estate Bank and the Housing Fund to more than (3.6) trillion dinars. The Central Bank also canceled the interest on previous loans, both with current loans and with a repayment period of (20) years, and only an administrative commission. It is noteworthy that the Central Bank of Iraq, in coordination with the Higher Committee for Lending, had previously canceled the interest on loans granted by the Real Estate Bank and the Housing Fund within its initiative for the purpose of purchasing housing units inside and outside investment housing complexes, loans for building housing units, and only simple administrative commissions. Central Bank of Iraq information Office June 10, 2021