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Iraq and the German Development Bank (KFW) sign an amendment to the loan agreement to finance a number of development projects
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[rtl]Baghdad / NINA / Today, Thursday, the Ministry of Finance signed an amendment to the agreement to extend financing loans granted by the German Development Bank (KFW) for a number of development projects. The amendment was signed between the Minister of Finance, Taif Sami Muhammad, and the bank's representative in Iraq.
According to a statement by the Ministry of Finance: The new amendment stipulates extending the disbursement period for projects financed by loans, as follows:
● Extending the loan agreement to rehabilitate the infrastructure to provide electricity in the liberated areas (phase three) in the amount of 140 million euros until 15/1/2027.
● Extending the loan agreement to rehabilitate the infrastructure of roads, bridges, water and sanitation in the amount of 90 million euros until 31/12/2026. / End8[/rtl]
According to a statement by the Ministry of Finance: The new amendment stipulates extending the disbursement period for projects financed by loans, as follows:
● Extending the loan agreement to rehabilitate the infrastructure to provide electricity in the liberated areas (phase three) in the amount of 140 million euros until 15/1/2027.
● Extending the loan agreement to rehabilitate the infrastructure of roads, bridges, water and sanitation in the amount of 90 million euros until 31/12/2026. / End8[/rtl]
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