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Authorization of the Minister of Finance to sign a loan to the bank "Standard Chartered" to finance electricity projects DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Authorization of the Minister of Finance to sign a loan to the bank "Standard Chartered" to finance electricity projects

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Authorization of the Minister of Finance to sign a loan to the bank "Standard Chartered" to finance electricity projects Empty Authorization of the Minister of Finance to sign a loan to the bank "Standard Chartered" to finance electricity projects

Post by claud39 on Sun Dec 30, 2018 9:37 am

https://www.almaalomah.com/2018/12/30/378001/


Authorization of the Minister of Finance to sign a loan to the bank "Standard Chartered" to finance electricity projects


30/12/2018







Authorization of the Minister of Finance to sign a loan to the bank "Standard Chartered" to finance electricity projects %D9%81%D8%A4%D8%A7%D8%AF-%D8%AD%D8%B3%D9%8A%D9%86-696x387






Information / Baghdad ..



The General Secretariat of the Council of Ministers announced on Sunday the authorization of the Council of Finance Minister Fouad Hussein or his authorized to sign a loan agreement with the bank "Standard Chartered" for the Ministry of Electricity and the amount of 120 million euros.
"The Council of Ministers authorized Finance Minister Fouad Hussain or authorized to sign a loan agreement with Standard Chartered Bank. The loan is intended to finance the rehabilitation of Rumaila power plants in Basra and Sadr City in Baghdad," a statement from the Secretariat said. And Kirkuk, with the German company Siemens.
"The loan will be guaranteed by the German Export Guarantee Corporation, which will be paid within six years and one month, the duration of the loan is 13 months, and the payment will be made over five years in semi-annual installments. The interest is calculated at € 85 million at a fixed rate of 0.51 percent." Ending / 25
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