Iraq is preparing to receive about 5 billion dollars

Iraq is preparing to receive about 5 billion dollars

24/8/2017 12:00 am

Central Bank of IraqBaghdad / Tareq al-Araji
BAGHDAD (Reuters) – Iraq’s central bank has announced that Iraq will receive more than four and a half billion dollars from the International Monetary Fund and the World Bank, along with the seven major industrialized nations and international organizations and institutions as soft loans to help Iraq overcome its financial crisis. The governor of the Central Bank of Iraq Ali Alalak said in a statement to the “morning”: “The volume of the amounts resulting from this international agreement with Iraq as loans and grants amounting to 15 billion dollars for the years 2016, 2017 and 2018, and each review ends quarterly with a positive report is the launch of specific payments. “Iraq is receiving $ 850 million from the International Monetary Fund, $ 1 billion from the World Bank, 3 billion from the seven major industrialized countries,
International.

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