Baghdad (news) .. Cabinet agreed to lend Iraqi Airways, the amount of 300 million dollars for the purchase of civilian aircraft.
According to a statement of the General Secretariat of the Council received the Agency (news): The 'Council of Ministers has agreed to the implementation of resolutions (141.375) for the year 2012 on lending Iraqi Airways affiliated to the Ministry of Transport'.
He added: 'The amount is supposed lending to Iraqi Airways $ 300 million that sets the interest rate according to the contract is concluded between the lender and the borrower and bear Iraqi Airways to repay the loan with interest.'
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