Posts Tagged ‘International Monetary Fund’

Iraq is entering a package of financial reforms to get a loan

Iraq is entering a package of financial reforms to get a loan

Friday 01-04-2016 | 9:04:29

Twilight News / IMF has developed a package of financial and economic reforms, in a visit that would conclude the middle of this week, after talks nearly two weeks of talks with officials in Baghdad.
The suffering of Iraq, like other oil – producing countries, the decline in financial revenue as a result of falling crude oil prices 68 percent, and fighting al «Islamic state» in many cities, and that drained the treasury.
, said Abdul Hussein Al – Anbuge, Iraq ‘s prime minister for Read more…

Specialists: monetary reserves fell to less than $ 50 billion is a danger to the economy

Specialists: monetary reserves fell to less than $ 50 billion is a danger to the economy

03/31/2016

BAGHDAD / JD / .. warned a number of experts and specialists in the financial and economic affairs of the economic collapse possible as a result of the continuous and significant reduction in the cash reserve of hard currency at the central bank, calling for the lack of manipulation of this reserve because it is a sovereign balance for future generations.
He said Finance Committee member Sirhan Ahmed told / KD /: that the central bank Read more…

IMF: Iraq’s reserves of hard currency dropped to $ 54 billion

IMF: Iraq’s reserves of hard currency dropped to $ 54 billion

03/30/2016 10:14 | Number of Views: 5048

Assured the International Monetary Fund, on Wednesday, that Iraq ‘s reserves of hard currency dropped to $ 54 billion at the end of 2015, indicating that Iraq is continuing to make progress under the program , which is monitored by experts of the Fund. The IMF said in a statement that real GDP shrank by – 2.1% in 2015 due to the ongoing armed conflict with al Daash and who continues strained the resources of Iraq, in addition to the Read more…

Iraq prepares to enter a credit IMF to provide him with borrowing $ 6 billion

Iraq prepares to enter a credit IMF to provide him with borrowing $ 6 billion

Posted, 30/03/2016 22:21

[Oan- Baghdad]
concluded Tuesday afternoon, in the Jordanian capital Amman talks between Iraq and the International Monetary Fund , headed by Finance Minister Hoshyar Zebari and the presence of the Governor of the Central Bank and Financial Advisor to the Prime Minister.
A statement by the Ministry of Finance Agency has Read more…

Iraq expects to receive aid worth $ 6.4 billion

Iraq expects to receive aid worth $ 6.4 billion

29/03/2016 18:12 pm (Baghdad time)

BAGHDAD – balances News
Finance Minister Hoshiyar Zebari said on Tuesday that Iraq is waiting to receive a financial aid worth $ 6.4 billion.
Zebari said in a press statement I followed / balances News /, after talks with officials from the International Monetary Fund in Jordan, that in this year we expect Read more…

Iraq, IMF discuss maximizing revenue and reducing unnecessary expenses

Iraq, IMF discuss maximizing revenue and reducing unnecessary expenses

3/29/2016 0:00

BAGHDAD – The morning
began yesterday in Amman financial and economic talks between Iraq and the experts of the International Monetary and international financial institutions fund focused on a review of the Fund ‘s staff for economic and financial policies of Iraq ‘s monitoring program.
A statement by the Ministry of Finance received the “morning” that »Finance Minister Hoshyar Zebari headed the Iraqi delegation , which also included Governor of the Central Bank on the Keywords Read more…

Iraq borrow $ 3.8 billion from the International Monetary Fund and the World Bank

Iraq borrow $ 3.8 billion from the International Monetary Fund and the World Bank

03/28/2016

BAGHDAD / JD / .. parliamentary Finance Committee announced that, for lending to Iraq three billion and 800 million dollars from the International Monetary Fund and the World Bank to bridge the budget deficit, saying that the soft loans will not burden the state in the future.
A member of the committee MP Masood Haider told / KD /: The draft budget law for 2016 included a clause obliging the government Read more…

Iraqi talks on the UN to support Iraq economically

Iraqi talks on the UN to support Iraq economically

03/26/2016 17:40

[Oan- Baghdad]
were held today in Baghdad, intensive talks between checks on delegation headed by UN Secretary – General Ban Ki – moon and World Bank Group President Jim Yong Kim and President of the Islamic Development Bank Ahmed Mohamed Ali, Prime Minister Haider al – Abadi and Ministers of Finance, Planning and the Governor of the Central Bank and a number of advisors Prime Minister, on ways to support global financial institutions , the Iraqi economy during this critical circumstances.
A statement by the Iraqi Ministry of Finance Agency has received Read more…

Ban Ki-moon and Director of the International Monetary Fund and attend the parliament session on Saturday

Ban Ki-moon and Director of the International Monetary Fund and attend the parliament session on Saturday

March 22, 2016

He said the House of Representatives decision of Imad Youkhana, Tuesday, that the Secretary-General of the United Nations Ban Ki-moon and the head of the International Monetary Fund, Christine Lagarde, will attend the Council session to be held on Saturday, describing the visit as “historic.”

Said Youkhana in a press statement that “the House of Representatives hearing that will be held next Saturday will witness Read more…

The global economy from recession to collapse

The global economy from recession to collapse

3/12/2016 0:00

Morning – agencies
dominated by the subject of the global economic slowdown on the annual meeting of the International Monetary Fund and the World Bank ‘s agenda last October because of the concern of economists from the growing threat of a new economic crisis , even with the continuity of the suffering of the world order of the repercussions of the Great Depression , which Read more…

Iraq revives bond plan to raise two billion dollars

Iraq revives bond plan to raise two billion dollars

02/22/2016 20:13

Long-Presse / Baghdad
Detection and Finance Minister, Hoshyar Zebari, on Monday, that Iraq sought to raise two billion dollars from the sale of treasury bonds globally, likely request the assistance of the International Monetary Fund to cope with the financial crisis afflicting.
Zebari said in a telephone interview with the American site Bloomberg Bloomberg economic news, followed up (range Press), he said that “Iraq may resort to the global bond markets Read more…

Economist: lifting the dollar’s exchange rate against the dinar would lead to monetary inflation

Economist: lifting the dollar’s exchange rate against the dinar would lead to monetary inflation affects employees

2/3/2016 17:44

{Baghdad} Euphrates News said economic expert on behalf of Jamil Antoine that “the lifting of the dollar’s exchange rate against the dinar would lead to monetary inflation affects the employees.”
Said Antoine told {Euphrates News} on Wednesday, said that “there are multiple economic jurisprudence, where the department sees the lifting of the dollar’s exchange rate against the dinar serve, and the Read more…

IMF denies the existence of negotiations with Iraq to grant soft loans

IMF denies the existence of negotiations with Iraq to grant soft loans

January 27, 2016

We denied the IMF mission, on Wednesday, the existence of negotiations with Iraq to grant soft loans, and while confirming that the Fund will consider any request of Iraq for this purpose, she noted that the Fund applies the regulatory program for the establishment of follow-up and check on Iraq’s economic policy record, in preparation for the system of financial arrangements Where.

The head of the IMF mission in the gallery Josh Christian answer Read more…

Saleh: the agreement with the IMF provides for Iraq to obtain long-term soft loans

Saleh: the agreement with the IMF provides for Iraq to obtain long-term soft loans

January 26, 2016

Economic Adviser to the Prime Minister, confirmed the appearance of Mohammed Saleh, said Tuesday that Iraq’s agreement with the International Monetary Fund offers the possibility of obtaining long-term soft loans for the implementation of development projects, noting that the fund is among other conditions, government expenditures, and modified some of the measures Read more…

The IMF lowered its forecast for global growth for the third time in less than a year

The International Monetary Fund lowered its forecast for global growth for the third time in less than a year

January 19, 2016

International Monetary Fund cut its forecast for global growth for the third time in less than a year on Tuesday, and attributed this to the sharp slowdown in China’s trade and prices of weak commodities that are harmful to Brazil, and markets and other emerging movement.
Fund predicted that the global economy to Read more…

IMF agrees to Iraqi economic program

IMF agrees to Iraqi economic program

January 13, 2016 10:44

Direct: agreed Christine Lagarde, Managing Director of the International Monetary Fund on a program for the management of informal agreements between the members and experts to follow up the Iraqi Fund economic program set by the government.

IMF said in an official statement, that those agreements do not Read more…

The government resorted to foreign reserves to cover the deficit in the budget

The government resorted to foreign reserves to cover the deficit in the budget

2016/1/13 9:18

[Follow-up – where]
in a memorandum to the International Monetary Fund, the government said on Tuesday it plans to finance the deficit in the balance of payments of withdrawal from Iraq, including foreign reserves will make it go down to $ 43 billion in 2016 from 59 billion last October end.
She said the government, under a program approved by the IMF as Read more…

Do not “sanctity” to borrow from the International Monetary and Iraq is not an Islamic state

Religious Affairs: Do not “sanctity” to borrow from the International Monetary and Iraq is not an Islamic state

Wednesday 6 January 2016 | 19:21

BAGHDAD / .. The head of the Committee of Religious Endowments and Religious Affairs Abdel Azim parliamentary Ajman, Wednesday, borrowing from the International Monetary no “sanctity” the fact that Iraq is not an Islamic state and of government is not based on the “Caliphate”.

He said Ajman’s “Eye Iraq News” that “borrowing and usury is forbidden in Islamic law, but the situation in Iraq and the conditions Read more…

Finance: Iraq’s non-binding conditions of the International Monetary Fund for lending

Parliamentary Finance: Iraq’s non-binding conditions of the International Monetary Fund for lending

December 28, 2015

Ruled out the parliamentary finance committee member Husam punitive, Monday, removal of subsidies on the ration card and oil derivatives as the condition of the International Monetary Fund to lend the Iraqi government, while stressing the continuation of Read more…

Parliamentary Finance calling on the government to announce the terms of foreign loans

Parliamentary Finance calling on the government to announce the terms of foreign loans

12/22/2015 13:28 GMT

Follow-up – and babysit – the parliamentary finance committee called on the government to declare whether there are conditions in international loans to Iraq, including the removal of subsidies on some services and energy.
And the Rapporteur of the Committee Ahmed al-Haj that “any country if they were in a financial bind or always have an economic problem that resort to the International Monetary Fund and the latter when given any loans or economic reforms has to be Read more…