Consultant Abadi: Iraq in connection with the receipt of a new batch of the International Monetary Fund


 

BAGHDAD – The Journal News

Financial Advisor to the Prime Minister confirmed the appearance of Mohammed Saleh said that “Iraq is open to the institutions concerned with economic affairs in the world, just as we have the headquarters of the Fund and the World Bank welcome that we have the headquarters of the IMF states, noting that Iraq is in the process of receiving new impetus from the International Monetary Fund.

Saleh said in a statement «Journal News» that “Iraq has long agreements with the International Monetary Fund, any four agreements since 2003 to date, noting that” three to prepare credit agreements and the Convention and other “post-conflict” occurred after 2003 “.

He pointed adviser to Abadi, that “readiness credit program agreement signed in principle in the fifth month of the 2016 Fund and adopted by the of 7/7/2016 is to provide a loan for Iraq worth $ 5.3 billion over 36 months.”

Saleh said that “loan payments are divided into 6 major payments and 7 sub-batches, depending on Maeetm submitted requests from any Iraqi government when needed, noting that Iraq has received nearly a billion dollars.”

He noted that “Iraq is waiting for another installment loan is equivalent to 35% of the share of Iraq within the fund.”

He explained that “the loan determines the payment of a five-year grace period and two years and a low interest rate.”

http://www.aljournal.com/%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A8%D8%B5%D8%AF%D8%AF-%D8%A7%D8%B3%D8%AA%D9%84%D8%A7%D9%85-%D8%AF%D9%81%D8%B9/

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One thought on “Consultant Abadi: Iraq in connection with the receipt of a new batch of the International Monetary Fund

  1. This is excellent and all they need to do is join the world and change their money to a real rate and they will get all the help they need

    Like

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