Iraq receives first batch of international financial and mortgage loan parliamentary denies Basra oil

Iraq receives first batch of international financial and mortgage loan parliamentary denies Basra oil

04/06/2016 12:30 (Baghdad time)

Iraq receives first batch of international financial and mortgage loan parliamentary denies Basra oilSpecial scales News
Finance Committee announced on Saturday that Iraq will receive $ 800 million from the first IMF loan as a down payment.
Said committee member Ahmed Sarhan’s / balances News /, that “Iraq will receive $ 800 million from the first IMF loan as a down payment, in the next few days.”
Ahmed said, “This amount will be allocated to support the 2016 budget exclusively,” denying saying, “There is no truth to reports that talked about mortgaging the Basra oil, and that’s a shame the place for health.”
It is said that the International Monetary Fund, World Bank and international partners have agreed, in the May 19, 2016, to give Iraq a loan of $ 15 billion at an interest rate of 1.5%.
And deliberated news view that the International Monetary required to Basra Iraq under oil-for-granted Alkarz.anthy 29
From: Enam Amauri

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