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Iraqi Airways borrow $ 70 million from the Rafidain Bank to buy Boeing
26 February, 2013 05:30:00
And directed the General Secretariat of the Council of Ministers and the Ministry of Finance to lend Iraqi Airways $ 70 million from the Rafidain Bank for the purchase of a Boeing B777-200.
And called for the General Secretariat of the Council of Ministers that the directive was based on the Council of Ministers on the nineteenth of February current amending paragraph of the earlier decision issued in this regard last year, indicating that the amendment provides for carrying the Ministry of Finance benefits loan to Rafidain Bank amounting to 6% with exempting company Iraqi Airways administrative commission.
The statement noted that the Boeing value of $ 139 million to add to the company's fleet of air.
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