EU agrees in principle on the loan to the local government of Basra
5/19/2015
Information / Baghdad / ..The local government announced in Basra, on Monday, for obtaining preliminary approval from the European Union by granting a loan financially assisted in the completion of their projects as a result of the fiscal deficit. The governor of Basra Majed Nasraoui told a news conference after his meeting with the Deputy Ambassador of the European Union in Iraq and was attended by Agency / information / correspondent that he "was obtained preliminary approval from the European Union to grant the local government loan to financially help her in completing their projects as a result of the financial deficit of the central government."
Nasraoui added that "the Ministry of Finance will give assurances to the representatives of the European Union in Iraq in order to obtain Financial loan. "
For his part, Deputy Ambassador European Union in Iraq Kostendens Kordasz, the European Investment Bank could provide a loan to the government of Basra, an estimated value of between half billion to a billion dollars, and the benefits and conditions set by the European Bank ", noting that" the European Union wishes to financial loan help the local government in the administration of its projects. ended / 25 x
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5/19/2015
Information / Baghdad / ..The local government announced in Basra, on Monday, for obtaining preliminary approval from the European Union by granting a loan financially assisted in the completion of their projects as a result of the fiscal deficit. The governor of Basra Majed Nasraoui told a news conference after his meeting with the Deputy Ambassador of the European Union in Iraq and was attended by Agency / information / correspondent that he "was obtained preliminary approval from the European Union to grant the local government loan to financially help her in completing their projects as a result of the financial deficit of the central government."
Nasraoui added that "the Ministry of Finance will give assurances to the representatives of the European Union in Iraq in order to obtain Financial loan. "
For his part, Deputy Ambassador European Union in Iraq Kostendens Kordasz, the European Investment Bank could provide a loan to the government of Basra, an estimated value of between half billion to a billion dollars, and the benefits and conditions set by the European Bank ", noting that" the European Union wishes to financial loan help the local government in the administration of its projects. ended / 25 x
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