********** World Bank: We will give a loan for Iraq let loose during the 35-year-old

06/05/2015 10:04

Tomorrow Press / Baghdad: World Bank revealed, on Wednesday, he will present to Iraq a loan repaid over 35 years at an interest rate well, and expected to contribute to the loan to help Iraq financially.


He said the World Bank for the Middle East adviser and Asia charity Shban for "tomorrow Press", "The World Bank seeks to help Iraq in its current crisis, which has caused great his loss," and expressed his hope that "the Bank provides loans that will be of great financial and economic benefit." .

"The bank is considering providing a loan for Iraq is repaid in 35 years with an additional five years with interest to allow up to only 1.5%, making it one of the soft loans in terms of the conditions and facilities compared to what provided by banks and private institutions."

He pointed out that "the loan will be devoted to the reconstruction and provision of services to the liberated areas and encourage investors to work in Iraq after the availability of these loans," expected to "be the launch of this loan by next July and father."

Shban and stressed that "the loan would help Iraq to cross its financial crisis this year and the next two years that can be played by and recover in record time."


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