Aggiedad77: You know, I just thinking from horseback here, moving kind of slow like, but steady……all these “loans” that Iraq has gotten for reconstruction work, and that IS what they are…LOANS….have to be paid back…..
These are loans to rebuild what these terrorist thugs have destroyed in one way or another, or caused to be destroyed by the army and coalition forces.
The terrorists are ripping places like Iraq, Syria, and elsewhere apart on two fronts, first what they tear up on their own….then economically/financially they are ripping them again because the country has to go in and rebuild what was destroyed going further into debt….
This destruction is so sad…..and I know too there is only so much humanitarian effort that can be put forth to the corners of the globe…even with an RV……what a sad world. Aloha Randy
Walkingstick: German Development Bank lends Iraq 500 million euros for the reconstruction of the liberated areas
2016/1/25 13:24 • [Baghdad – where]
A statement by the Ministry of Finance Agency has received all of Iraq [where] a copy of “Finance Minister Hoshyar Zebari met on Monday at the headquarters of the Office of the ministry and the German delegation representing the State Bank of the German Development [KFW] headed by Sebastian Jacobi representative external Federal Republic of Germany and the Ministry and the membership Gunther Ross and Burkhard Hinz Deutsche Bank and in the presence Eckhard Preveza German ambassador in Baghdad,
Adding that “During the meeting, they discussed the need for Iraq to financial support and the contribution of friendly countries in the reconstruction and stability of the liberated areas of Daash fund to ensure the return of displaced persons to their homes and provide basic services and vital to them.”
He said “The bank will provide financial loan up to 500 million euros and the terms and benefits of soft to support the government to implement vital service projects in the liberated areas,” .anthy
http://www.alliraqnews.com/modules/news … ryid=28199