decision no. 1,167 of 23 september 2024for the approval of the loan agreement on foreign military financing concluded between the government of romania and the government of the united states of america issuer  the government of romania posted in official monitor no. 958 from 24 september 2024 on the basis of art. 108 of the romanian constitution, republished, and a art. 4 para. (8) of government emergency ordinance no. 64/2007 on public debt, approved with amendments and additions by law no. 109/2008, with subsequent amendments and additions,the government of romania shall adopt this decision. article 1(1) the loan agreement on external military financing, amounting to us$920 million, which ends between the government of romania, represented by the ministry of finance, and the government of the united states of america, represented by the defence security cooperation agency, hereinafter referred to as the loan agreement, provided in the annex.*) the annex shall be communicated only to the interested persons. > 1)the loan draws will be made by the ministry of national defence, up to the amount of us$ 700 million, and by the ministry of economy, entrepreneurship and tourism, on behalf of and for the national company romarm - s.a., up to the amount of 220 million us dollars > the loan granted to the national company romarm - s.a., within the limit of the us$ 220 million, is guaranteed in favor of the state with guarantees made up of movable/immovable property owned by the beneficiary, free of burdens, covering at least the value of the loan and interest, commissions and other related costs. hehe.  not only are you getting the factories for cheap, we're using the loan money to get them up to standards! ain't that great?
Romania