Financial and Banking News
US Extends Agricultural Credit Guarantees to Iraq
The US Agriculture Department announced on 12 January that it has grantedIraq an additional $376mn in short-term credit guarantees to purchase USagricultural commodities. This new facility raises Iraq's total credit line to$562mn in the fiscal year that began last October. Under the AgricultureDepartment's export credit program, financing can be arranged for up to threeyears....
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