Iraqi Acting Finance Minister Abdul Razzak al-Essa (R) speaks during news conference at the Ministry of Finance in Baghdad, Iraq March 5, 2017. REUTERS/Wissm al-Okili
BAGHDAD (Reuters) - Britain agreed on Sunday to arrange 10 billion pounds in loans to finance infrastructure projects in Iraq over a 10 year period, a program that would only benefit British companies, an Iraqi minister said in Baghdad.
The two countries signed a memorandum of understanding in the Iraqi capital that serves as a framework to provide up to 10 billion pounds in funds to specific projects during this period, including water, sewage, electricity, healthcare and transport.
