Iraq Job Lending Boost reaches a new stage as the Ministry of Labour and Social Affairs launches a major lending plan. The ministry aims to cut unemployment and create real transport jobs.Moreover, leaders want to support thousands of job seekers with practical financial assistance. The initiative grows quickly, and Iraq Job Lending Boost attracts strong interest across many provinces.
The programme offers loans to citizens registered as unemployed. The ministry checks each name in the database to ensure eligibility. It also requires valid driving licences to maintain safety and professionalism. The loans help applicants buy modern passenger vehicles that carry between 11 and 21 people. These vehicles support transport needs for workers, students and many private companies.Furthermore, Iraq Job Lending Boost encourages young Iraqis to build steady careers.
The ministry’s Small Projects Funds Department manages the loan process. The teams offer guidance for every applicant. They explain loan rules, vehicle standards and job expectations. This support helps citizens understand the programme and plan their future work. The ministry also works with licensed transport companies. These companies need trained drivers, and they offer structured job routes.
Borrowers sign renewable one-year work contracts with these transport companies. The companies handle daily operations and assign schedules. They also follow strict ministry rules that protect workers. This cooperation ensures stable incomes and reliable services. The approved companies meet high standards and show strong management skills. This system increases trust and encourages more applicants to join the programme.
The initiative also includes a modern electronic platform for transport requests. Citizens request vehicles through a simple digital system. Schools, universities and private firms also use this service to organise daily transport.As well as, This platform reduces waiting times and creates more work opportunities. It also improves safety and travel quality.
Drivers receive their monthly wages through bank cards. This method creates clear financial records and prevents confusion. The ministry applies social security deductions to protect long-term worker benefits. These deductions help drivers secure their future and plan their careers. The system strengthens transparency and supports responsible financial behaviour.
Officials believe the programme supports economic growth and reduces unemployment. It helps young people find jobs and join the labour market.However, It also improves the quality of transport services across Iraq. Additionally, With continued support, the initiative may expand and offer new opportunities for registered job seekers.