US Embassy: loan for Iraq allows the postponement of dues for the maintenance of its aircraft F16
US Embassy: loan for Iraq allows the postponement of dues for the maintenance of its aircraft F16
06/29/2016 15:38
[Oan- Baghdad]
US embassy in Baghdad clarified that the loan granted to Iraq worth $ 2.7 billion private military funding allows delayed payment of dues on Iraq , including aircraft maintenance [US] F16.
According to an embassy statement received by all of Iraq [where] a copy of it, that ” the US ambassador to Iraq , Stuart Jones and Finance Minister Hoshyar Zebari They today signed a declaration of intent to provide a credit facility of $ 2.7 billion of FMF [FMF]”.
The statement from the US ambassador as saying, “this credit facility will allow Iraqi security forces to postpone payments for the purchase of ammunition and maintenance of the 16 planes F- and tanks M1A1 [Aparmz].”
He said Jones also “allow the deal valued at $ 2.7 billion for Iraq a grace period of one year and one for payment of an eight and a half years to pay dues military purchases. ”
the statement noted that the MOU is” under the strategic framework Agreement, where the US embassy is working closely with the Government of Iraq to ensure that the current economic challenges facing the country do not affect the ongoing defeat Daash campaign and provides this credit facility further support to the continuous development of Iraq as a strategic partner is stable and self – reliant. ”
the Iraqi Ministry of Finance has announced that it has signed represented by the Minister Hoshyar Zebari Finance with the US side and like him , US Ambassador Stuart Jones , a memorandum of understanding on the implementation of ease credit military financing Agreement external [FMF]. the
ministry said in an official statement received [where] a copy of this memorandum is “to facilitate the purchase of military equipment within the Foreign military financing for ground , air, naval and equipment with advanced technologies and advanced technology program contributes significantly to the promotion of the military capability of the armed forces and so that they can win the victory in the war on terrorism and the entity Daash terrorist and edit all areas of Iraq from the clutches. ”
Finance pointed out that” under this credit facility government allocates US $ 200 for the Peshmerga forces million in order to assist them in carrying out their duties, and the government is committed to using the money General to continue to support and expand the successes of the popular crowd program, this program will be based payment mechanisms on credit with soft terms and repayment periods occasion. ”
alliraqnews.com