Middle East Economic Survey
VOL. XLIX
No 9
27-February-2006
LEBANON/IRAN
Iran Extends $50Mn Soft Loan To Lebanon For Construction Projects
Iran has extended a soft loan of $50mn to Lebanon to finance construction projects, Irans ambassador in Beirut Masoud Idrisi announced on 17 February, following a visit there by the Iranian Foreign Minister Manouchehr Mottaki. Mr Idrisi said Iran had offered Lebanon assistance in the reconstruction of the electricity and water sectors, adding that assistance was...
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