Signing of the memorandum with the International Monetary will provide Iraq with $ 14 billion
Abadi Office: signing of the memorandum with the International Monetary will provide Iraq with $ 14 billion
He said a spokesman for the Information Office of the Prime Minister Saad al – Hadithi, , that the Iraqi government submitted to the International Monetary Fund for an integrated vision in the process of its reform program and plans to address the economic problems and the reform of the administrative and financial system, adding that the signing of the memorandum with the International Monetary will provide Iraq with $ 14 billion.
The newborn in a statement he was “untrue at all of what is rumored about removing part of the employees’ salaries as a result of agreements signed with the International Monetary Fund note, as the expansion vessel tax settling accounts through income does not include tax, but with the higher grades and special grades and the staff of the first and second division only.”
The statement continued that “this note will provide an important Iraq’s financial support under the current financial crisis, where Iraq will get $ 5.4 billion from the International Monetary Fund over three years at an interest rate not to exceed 1.5% Fund will provide two billion dollars before the end of this year in batches” .
He explained, “The memorandum will improve the situation in Iraq credit which opens broad prospects for support, financial and economic support from many international and regional financial organizations, where Iraq will receive three billion dollars from the International Bank for Reconstruction and Development as well as the assistance to be provided by donor countries.”
Sabri revealed that “total Machristsal upon Iraq as a result of the signing of the memorandum with the International Monetary Fund would be about fourteen billion dollars and is complementary to the agreement with the Government’s program of reform Monetary Fund requirements.”