International Cooperation agreement for JICA loan

Monday 24th December 2018 - 18:48

International Cooperation agreement for JICA loan

INA - BAGHDAD

The Minister of Finance signed over the agreement of JICA’s $1 billion in loans to sponsor the project of refining units.

This was authorized by the Cabinet according to the funding conditions enlisted in the decree of the Ministry of Finance.

A statement released by the Cabinet included that this loan aims at rehabilitating Basra Refinery according to the General Budget law 2018.