Central bank: we will meet soon with the IMF to obtain a long-term loan

Central bank: we will meet soon with the IMF to obtain a long-term loan

Wednesday, 23 March 2016 10:23

Central bank - we will meet soon with the IMF to obtain a long-term loanAlsumaria News / Baghdad
revealed the central bank governor on the Keywords, Wednesday, that Iraq would soon meet with the IMF to obtain a long – term loan, noting that from Iraq the right to be granted assistance and convenience when in crisis. Keywords and said in the 10-11 program , which broadcast channel Alsumaria News that “Iraq is about to meet soon with the IMF and the World Bank and the countries of seven industrialized to agree to give us the loan of billions of dollars in long – term and soft interest”, adding that ” the Central Bank and Ministry of Finance forward a range of measures for these actors about it.”

He Keywords that ” the loan is the right of Iraq , as is a member of the IMF and the World Bank and paying contributions annually for them , ” noting that “under the law of the fund and the World Bank that gives aid and facilities of the member states of when going through a financial crisis.” The Iraq is going through a major financial crisis As a result of lower oil prices , which Iraq depends mainly upon which reached these prices to low levels amounted to less than $ 30 per barrel.

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