US ambassador expects to raise 10 to 15 billion dollars aid to Iraq


 

Economy

Since 17/03/2016 23:00 (Baghdad time)

Baghdad balances News

US Ambassador to Iraq Stuart Jones said on Thursday he expected to raise between 10 to 15 billion dollars aid to Iraq, and while stressing the need for Iraq to free economy, it is his country’s determination to support Iraq announced during a meeting between the Group of Seven in Tehran after being identified fundamental reforms.

He spoke Jones, during his speech at the Fourth Forum of Sulaimaniyah for dialogue on the difficult financial situation that Iraq isgoing through now, pointing to the country ‘s need to find ” a free and diversified economy.”
Jones said , “Iraq is passing through financial position is difficult and Washington gave him a loan for military purposes , a $ 2.7 billion dollar, “adding that” part of that loan was allocated for the Peshmerga. ”

He said the US ambassador to Baghdad, saying that ” the United States granted $ 600 million in humanitarian aid for Iraq.”
He said Jones that “Iraq needs a free and diversified economy , ” explaining ” the importance of cooperation between thegovernments in Baghdad and the region in the non – oil economic fields.”
He predicted Jones’ collection of 10 to 15 billion dollars in financial assistance to Iraq , “stressing at the same time that it should be” looking at corruption as a crime and not to be tolerated. ”

Iraq has suffered from a severe economic crisis following a drop in oil prices since 2014, and the pressure of exorbitant military costs of the war on the organization Daash, as well as the displacement of millions of citizens from their areas because of the fighting.

US Ambassador to Iraq, said that “Iraq has identified fundamental reforms in the Group of Seven meeting in Tehran will be support for Iraq.”

He pointed to what he described as “many of the participants between Baghdad and Erbil, which make great opportunities to raise imports territory after coordination with Baghdad.”

He said the US ambassador: “We have studies and debate in America about the work of the American Chamber of Commerce in Iraq, it needs the appropriate environment and security not only .. Iraq is an important partner and we are working with him.”

And it takes place under the supervision of the International Forum of Sulaymaniyah regional and Research Institute at the American University and was attended by many political figures in Iraq and the Kurdistan region and the world, and was the first forum held in March year 201,312 entitled “The geopolitical changes in the Middle East.”

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