IMF: Iraq could get a loan for three years
IMF: Iraq could get a loan for three years
29/03/2016 18:28 pm (Baghdad time)
Scales News – Follow-up
The President of the IMF mission in Iraq, Christian Gooch, Tuesday, that the Fund has agreed to loan demand for three years ..
The news agency “Routers” for Gooch as saying that “Iraq will receive under the agreement on the financing has nearly $ 15 billion, a third of the IMF and the rest from international institutions and other donors.”
“If we finished the discussions in April in Washington, I think that we can put on a loan agreement under the demand for the Fund’s Board in June for approval.”
Gooch said that “Iraq has made good progress in the talks, which began in November on loan demand for three years,” adding that “the amount can come from several sources, including the IMF and the World Bank and the Gulf states and the United States and the Group of Seven.”
“If introduced amendments to make ends believe that it (Iraq) will require funding of $ 15 billion over three years,” predicting that “Iraq gets five billion dollars, at least this year and the rest by the end of the funding for.”
It is said that Finance Minister Hoshyar Zebari said today that Iraq expects to receive financial assistance worth 6.4 billion Dolar.anthy 29/9 P
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