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BatmaninIraq
05-07-2015, 06:21 AM
World Bank: We will give a loan for Iraq let loose during the 35-year-old

May 6, 2015 •

World Bank: We will give a loan for Iraq let loose during the 35-year-old Baghdad: detecting the World Bank, on Wednesday,

he will provide a loan to Iraq 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,” that ” World Bank seeks to help Iraq in its current crisis, which caused big losses to him, “and expressed his hope that” the Bank provides loans that will be of great financial and economic benefit. ” He added that “the Bank is considering providing a loan for Iraq is repaid in 35 years with five-year grace Additional interest rate of 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 “That will be the launch of the loan by next July and WAP”. 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.”