IMF denies the existence of negotiations with Iraq to grant soft loans
IMF denies the existence of negotiations with Iraq to grant soft loans
January 27, 2016
We denied the IMF mission, on Wednesday, the existence of negotiations with Iraq to grant soft loans, and while confirming that the Fund will consider any request of Iraq for this purpose, she noted that the Fund applies the regulatory program for the establishment of follow-up and check on Iraq’s economic policy record, in preparation for the system of financial arrangements Where.
The head of the IMF mission in the gallery Josh Christian answer to a question on the possibility of lending Iraq from six to seven billion dollars, if so requested, “The Fund is not aware of a request to conduct financial arrangements with Iraq in the form of soft loans.”
She said Josh, that “the Fund did not begin negotiations to make such a financial arrangement but it certainly would consider any Iraqi request like this,” pointing out that “the Fund shall apply censorship with Iraq is currently a program to establish a follow-up and check on his economic policy record, which would pave the way for system the financial arrangements. ”
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