Parliamentary economy reveal borrow Iraq for “250” million dollars



Since 04/03/2016 18:57 pm (Baghdad time)

Special – balances News

A commission of economy and investment parliamentary member Harith al-Harthy, Sunday, for Iraq to borrow a loan of 250 million dollars from the International Islamic Bank.

He said Al-Harthy’s / balances News /, that “the central government before the represented international pressure international organizations, lenders and the most important of the World Bank and the Islamic Development Bank,” indicating that “the government is now required to improve their financial performance by increasing public revenues and the imposition of fees and taxes.”

He said a member of the economic and investment commission in Parliament, said: “International Islamic Bank has granted Iraq a loan of $ 250 million down payment to encourage national product.”

The economist nice Ugaili said, earlier, that borrowing from the World Bank will hold the current financial and economic crisis experienced by the country.

It is said that Iraq agreed with the International Monetary Fund, to enter into standby credit program (SBA) for a loan by June, an estimated 15 billion dollars in aid Dolah.anthy 29

From: Issa Hussein



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