$2.5 Billion Loans for Childbirth, Marriage

EghtesadOnline: Since the beginning of the calendar year in late March banks and credit institutions gave 790 trillion rials ($2.5 billion) loans to encourage youth marriage and childbirth.

News ID: ۷۵۱۹۰۲

19 September 2022

Mostafa Qamari-Vafa, head of the Central Bank of Iran public relations department said Sunday the money was given to 860,000 people in a little less than six months.

“Banks gave 342,000 loans worth 130 trillion rials [$420 million] to promote childbirth,” he wrote in a note on his social media account.