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Japanese loan for Iraq worth $ 220 million
4/2/2016 0:00
[rtl] BAGHDAD - morning
and signed the Iraqi government with the Japanese counterpart on the loan worth about $ 220 million for the development of the reform Almala.oovad Treasury statement received "morning" a copy of that Finance Minister Hoshyar Zebari, signed during ameeting with Japan 's ambassador to Iraq , Fumio Iwai and head of the Japanese Agency Office international cooperation (JICA), the "loan development policy , financial reform at $ 250 billion Japanese yen equivalent of $ 220 million , a direct cash loan to support the 2016 budget , " noting that "this loan is part of a co - financing with theWorld Bank , which has already provided is another loan to Iraq to support thedevelopment policy of financial reform. "
He praised Zebari, according to the statement," the role of the Japanese government and people in support of Iraq in the development process and economic reform as well as ongoing support for Iraq in its war against Daash. "
It is worth mentioning that the Iraqi government has since 2008 signed 23 on a loan agreement with the Japan international cooperation Agency for a total amount estimated 037 0.5 US billion dollars , which represents the commitments made by the Government of Japan to finance development projects in Iraq.[/rtl]
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