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A new step in Iraq borrow "350" million dollars
12/07/2015
The Ministry of Finance Sunday, a contract with a representative of the World Bank to lend Iraq $ 350 million.
Said Finance Minister Hoshyar Zebari during the signing of the contract and attended by the correspondent for News Agency (et) The Ministry of Finance today signed a loan agreement for the reconstruction of the liberated areas by organizing Daash, noting that the Iraqi government has asked since the month of April, the loan from the World Bank to help Iraq. "
"The amount that was signed lend it $ 350 million and is divided as follows, and the Ministry of Electricity up to 67 and a half million dollars, for the reconstruction of the infrastructure for transmission and distribution of energy, noting that" the Ministry of Municipalities and their share of the loan is 58 and a half million to repair infrastructure related to water and sewer and solid waste and the development of designs for implementation, and the Ministry of Construction and Housing share of the loan $ 117 million to repair roads and bridges destroyed in some areas and preparation of plans and designs for the infrastructure. "
"The Ministry of Health and its share of the $ 37 million loan for the rehabilitation and restoration of hospitals and mobile clinics and ambulances nature, in addition to technical assistance worth $ 22 million, and the preparation of plans for the local administration in some of the liberated areas."
He pointed out that the remaining amount is currently 45.8 is not intended for the time being, hoping to use it to sectors that can finance, stressing that "We have agreed with the World Bank on the financial terms of the World Bank, which includes the loan term of 15 years at an interest rate of one percent."
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12/07/2015
The Ministry of Finance Sunday, a contract with a representative of the World Bank to lend Iraq $ 350 million.
Said Finance Minister Hoshyar Zebari during the signing of the contract and attended by the correspondent for News Agency (et) The Ministry of Finance today signed a loan agreement for the reconstruction of the liberated areas by organizing Daash, noting that the Iraqi government has asked since the month of April, the loan from the World Bank to help Iraq. "
"The amount that was signed lend it $ 350 million and is divided as follows, and the Ministry of Electricity up to 67 and a half million dollars, for the reconstruction of the infrastructure for transmission and distribution of energy, noting that" the Ministry of Municipalities and their share of the loan is 58 and a half million to repair infrastructure related to water and sewer and solid waste and the development of designs for implementation, and the Ministry of Construction and Housing share of the loan $ 117 million to repair roads and bridges destroyed in some areas and preparation of plans and designs for the infrastructure. "
"The Ministry of Health and its share of the $ 37 million loan for the rehabilitation and restoration of hospitals and mobile clinics and ambulances nature, in addition to technical assistance worth $ 22 million, and the preparation of plans for the local administration in some of the liberated areas."
He pointed out that the remaining amount is currently 45.8 is not intended for the time being, hoping to use it to sectors that can finance, stressing that "We have agreed with the World Bank on the financial terms of the World Bank, which includes the loan term of 15 years at an interest rate of one percent."
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