Iraq borrowed more than half a billion dollars from France

Iraq borrowed more than half a billion dollars from France

2017/8/26 19:01

Iraq borrowed more than half a billion dollars from France[Follow – up: Wayne]
announced the French Foreign Ministry on Saturday that Paris would give Iraq a loan of € 430 million, equivalent to $ 513 million.
French Foreign Minister Jean-Yves Laudrian, Prime Minister Haider Abadi, said during their meeting in Baghdad earlier Saturday that the money would be disbursed before the end of this year.
Iraq will use the loan to replenish its budget, badly damaged by the war on terrorist gangs and falling oil prices. ”
Other countries have already given Iraq loans for financial support or investment, such as Germany, which provided a loan of 500 million euros.

alliraqnews.com