Starting talks with the IMF next week
Starting talks with the IMF next week
4/10/2016 0:00
Iraq prepares to take over two billion dollars
BAGHDAD / Alaa al – Tai is
scheduled to testify next week ‘s start of talks between the government and the International Monetary Fund in Washington to implement prepare the credit agreement under which Iraq will receive five billion and $ 300 million as a soft loan to support the budget during the period from 2016 to 2019
announced therefore »Sabah» financial advisor to the Prime Minister, indicating that « the loan will allow Iraq ‘s international financial umbrella of the dolly and support form of soft loans to bridge the funding gap distracted mostly for reconstruction and economic development».
Saleh, a member of the Iraqi delegation negotiating team, pointed to the existence of 13 round of talks or what is known as »review» pertaining to implementation of the standby credit between Iraq and the international Monetary Fund agreement, as it began the first rounds in the capital Amman last September and will be completed during the annual conference of a group of international spending , the international Monetary Fund ».weidm negotiator group of senior government officials and experts from ministries of finance, oil and planning and the Central Bank of Iraq and the Office of financial supervision.
He guessed in favor of the possibility of receiving the second and third installments of the loan fund Albalgtin about two billion dollars the end of this year or early 2017.
alsabaah.iq
