Iraq Signs $290m Loan Agreement with Austrian Bank

Last Update: 2024-09-19 05:05:06 - Source: Iraq Business News

By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, signed an agreement with the Austrian ambassador to Baghdad to secure a €262.16 million [$291 million] loan from Austria's Erste Group Bank. The loan will fund the development of pivot irrigation systems for the Ministry of Agriculture, with Austrian company Bauer leading the project's execution. […]

The post Iraq Signs $290m Loan Agreement with Austrian Bank first appeared on Iraq Business News.