Appearance: The government will resort to soft loans in completing service projects
Appearance: The government will resort to soft loans in completing service projects
Date: 12/01/2015 19:00
Information / special / ..
stressed economic advisor to the Prime Minister the appearance of Mohammed Saleh, on Monday, that there is a tendency government to work concessional loans that will be Asthsalha from the World Bank and international banks to support service projects and infrastructure to prevent the stoppage as a result of the financial crisis experienced by the country.
He said the appearance of told / information /, that “the financial crisis experienced by the country as a result of falling oil prices impact on the investment side in the budget called for the government and parliament to think Ballja to soft loan to complete service projects and infrastructure in the country,”
adding that “the features of these loans that usefulness of up to less than 1% and up period paid to over 10 years, “noting that” This is a very big interest loans to cross the country’s economic crisis. ”
He added that “global banks give these financial loans provided invested in the establishment of service projects and infrastructure.” End quote 25 K.
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