IMF stands ready to provide advice and financial assistance to Iraq after the end of violence

IMF stands ready to provide advice and financial assistance to Iraq after the end of violence

Monday, 15 December 2014 13:15

IMF stands ready to provide advice and financial assistance to Iraq after the end of violenceAlsumaria News / Baghdad
showed the International Monetary Fund , on Monday, ready to offer advice and financial assistance to Iraq once the violence which, as pointed out that the violence in Iraq and Syria, led to the destruction of economic activities in them and creating a major economic crisis to neighboring countries, with the exodus of millions of refugees to it. The deputy Director of the Middle East Department Monetary Fund and the World Adnan farmers, in remarks reported by “Middle East”, and followed up with “Alsumaria News”, “The civil war in Syria and the crisis in Iraq humanitarian crisis large led to the displacement of millions and the destruction of infrastructure in them, “he said.” violence in which led to the destruction of economic activities and create a major economic crisis to neighboring countries, with the exodus of millions of refugees to it. ”

Growers and added that “the IMF is providing advice to Iraq and the countries that suffer from the effects of the crisis, and we have a team from the Fund paid a visit to Lebanon to consult on the effects of the crisis on the financial and economic situation of the Lebanese.” He said farmers that “Once a stop to violence, we are ready to provide technical assistance and advice, even if States wished financial aid The International Monetary Fund is ready for submission, “noting that” the Fund has three areas of help is advice on economic policy, and support in raising the government capacity, in addition to providing loans and financial aid. ” The budget for Iraq Federal, which depends on oil exports 95% was affected significantly after the drop in oil prices to below $ 65 a barrel after reaching these prices to $ 120 per barrel during the first months of this year.

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