Cabinet approves payment of dlrs 10m loan to 7 states

Islamic Republic News Agency, Iran
Aug 21 2005

Tehran, Aug 21, IRNA — Cabinet on Sunday approved payment of a
10-million-dollar grant to seven states upon a proposal of the
Foreign Ministry.

According to Public Relations Department of Ministry of Economy and
Finance, the grant will be provided from development credit fund.

Based on the cabinet’s approval, Iran will grant 2.5 million dollars to
Tajikistan, two million dollars to Iraq, 1.5 million dollars to Niger,
1.5 million dollars to Guinea, 1.5 million dollars to Mali, half a
million dollars to Armenia and half a million dollars to Georgia.

The credit will be allocated to the states for completion of Anzab
tunnel in Tajikistan, Iraq’s reconstruction, renovation of gas transfer
pipeline to Georgia and implementation of development projects in
four other countries.