Sunday, 21 July 2019 10:44 GMT
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France to grant 430mn euros loan to Iraq




(MENAFN) France will grant 430mn euros loan to Iraq whose economy has been affected by low oil prices and its fights against jihadists.

Meanwhile, Foreign Minister made the announcement amid talks in Baghdad with Iraq's Prime Minster and said the USD512mn would be released before the end of the year.

Moreover, the loan eyes to help the war-torn nation implement reforms enhance public services and boost the performance of its state enterprises.

In addition, the visit by France's foreign and defense ministers come as Iraqi forces proclaimed the ouster of the IS group from the center of Tal Afar.

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France to grant 430mn euros loan to Iraq

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