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Iran, $1bn Iraq reconstruction loan
- Iran: Sunday, December 31 - 2006 at 11:14
Iran is to loan $1bn to Iraq for reconstruction purposes, reported the Gulf Daily News citing the IRNA news agency. Iranian Economy Minister Davoud Danesh Jafari said Iraq had committed to using Iranian contractors and experts for the various infrastructure projects. The loan will be directed towards the construction of power plants, roads, hospitals and schools.
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Jonathan Sheikh-Miller, Deputy EditorSunday, December 31 - 2006 at 11:14 UAE local time (GMT+4)
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This article was updated on Wed Feb 14 2007.
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