France to loan 430 million euros to Iraq: Foreign ministry

France is to grant a 430-million euro loan to Iraq whose economy has been weakened by low oil prices and its fight against jihadists, a French foreign ministry official said today. Foreign Minister Jean-Yves Le Drian made the announcement during talks in Baghdad with Iraq’s Prime Minister Haider al-Abadi and said the USD 512-million would be released before the end of 2017, the official told AFP.
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