World Bank lends Iraq to support the process of construction and the provision of services

Follow-up / newspaper Alastqamh-

Centered economic seminar held by the World Bank in Baghdad about overcome the current liquidity crisis and how they can from which to provide support for Iraq and attention to priority reconstruction of the liberated areas experiencing a shortage of services, held in the presence of World Bank Vice President for the Middle East and North Africa Hafez Ghanem and a large number of experts and researchers and those concerned with Alaguetsada.wachar Vice President of the World Bank to the Bank's desire to work with Iraq to support the budget, explaining this support mechanism through the provision of loan is repaid in 35 years with an additional five years to allow an interest rate up to 1.5 percent, making it the only of soft loans from where the conditions and facilities compared to what banks and institutions offer Acialh.oadav Ghanem said the agreement concluded to give Iraq two loans, the first of its loans to support the rapid reconstruction and provision of services to areas Mahrrh.


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