20% of the loans are for housing construction

According to Iran Economist, based on paragraph 3 of the Supreme Housing Council approvals, the Central Bank of the Islamic Republic of Iran is obliged to distribute the banking facilities related to the year 1401 in Article 4 of the Law on the Growth of Housing Production, as well as the payment instructions for 20% of the total To communicate the payment facilities of the banking system to the operating banks by the end of June this year.

Also, according to paragraph 4 of the Supreme Housing Council’s approvals in the field of facilities, all banks are obliged to notify the instructions for implementing the payment of facilities under Article 4 of the Housing Production Jump Law to all their branches across the country by the end of June 1401.

Despite the president’s strong emphasis on the approvals of the Supreme Council of Housing, the Central Bank and the banking system have not yet notified the order to pay 20% of the facilities paid to the housing sector in 1401, despite 22 days of the legal deadline.

This issue occurs in a situation where the Central Bank announced the above-mentioned order in 1400 with a delay of 7 months and at the end of December last year.