Finance Minister reveals World Bank loan disbursement details

BAGHDAD / ... detect and Finance Minister Hoshyar Zebari, on Thursday, the World Bank loan for Iraq exchange details, among the adult billion and $ 200 million of the loan does not include any conditions.

Zebari said at a press conference at the Finance Ministry building in Baghdad, said that "Iraq happened before the end of the year on the loan by one billion and 200 million dollars from the World Bank," noting that "the loan does not include any conditions, but only some of the criteria to reform the administrative things."

Zebari said, that "it was the allocation of $ 200 million of this loan for the rehabilitation of the Mosul Dam, and $ 300 million for the Basra Gas Company, and the rest of the loan up to 800 billion dinars to support the budget."

In response to a question about the government's intention to cancel functional degrees, Zebari stressed, saying "There is no cancellation of some grades, but our priorities to secure employees' salaries and social protection network."

The local media picked up in an earlier news time indicated the government's intention to cancel 12 degrees and Zivih.