Posts Tagged ‘International Monetary Fund’

Finance Minister heads a delegation to negotiate with the International Monetary Fund

Finance Minister heads a delegation to negotiate with the International Monetary Fund

06/04/2015 09:24 GMT

Agencies – Finance Minister heading the Iraqi delegation in the negotiations with the International Monetary Fund in Amman to discuss the mechanics for a loan from the International Monetary Fund as part of a rapid financing mechanism.
It is hoped that Iraq gets a loan in the range of 827 million US dollars during Read more…

Iraq asks sooner a loan from the International Monetary Fund

Iraq asks sooner a loan from the International Monetary Fund

06/03/2015

Finance Minister Hoshyar Zebari said Iraq requested a loan of 850 million dollars from the International Monetary Fund for financial aid to cover urgent made in the budget deficit.

On the sidelines of meetings between Iraq and the IMF began on Wednesday morning (June 3) in Read more…

Iraqi bank says he coordinated with the International Monetary Fund for the development of the banking

Iraqi bank says he coordinated with the International Monetary Fund for the development of the banking business in the country

Saturday 30-05-2015 | 8:25:59

Twilight News / Rafidain Bank announced, on Saturday, the existence of an ongoing bilateral cooperation with the International Monetary Fund in the context of providing advice regarding the development of the work of banks in the country.

The general director of the bank on behalf of al-Hassani said in a statement responded to Twilight News, she said the Rafidain Bank began advanced steps Read more…

Deputy calls for the central bank to contribute to tackle the financial crisis

Deputy calls for the central bank to contribute to tackle the financial crisis

Posted, 28/05/2015 11:23 GMT

Follow-up – and babysit – the head of the parliamentary virtue Ammar Tohme called for the central bank to contribute to tackle the financial crisis and spare Iraq borrowing from international organizations in accordance with conditions may be reflected on the citizen.
Said Tohme said in a statement “with lower oil prices and the Iraqi economy, the adoption mainly it as a source of imports, many of the Read more…

Government and Parliament discuss the negative and the positive results of foreign loans and the issuance of bonds

Government and Parliament discuss the negative and the positive results of foreign loans and the issuance of bonds

27/5/2015 2:47 p.m.

[Where]
concerned officials in the government and the House of Representatives discussed the negative and the positive results of obtaining foreign loans and the issuance of government bonds.
A statement by the Chairman of the State Economic Commission Deputy Prime Minister Ruz Nuri Shaways received by all of Iraq [where] a copy of it, that the Committee “held its headed by Shaways to discuss the article [2 / II / a] of the federal budget law Read more…

Parliamentary investment calls for the government to support private banks

Parliamentary investment calls for the government to support private banks

05/22/2015 13:37 GMT

Agencies – the economic and investment commission said the parliamentary private banks experiencing financial shortage and the government’s support.
And between committee member Ahmed Salim said there are several doors that can open in front of the Iraqi economy, including investment door, in addition to the modifying Law No. 13 to bring in capital, adding that Read more…

Experts: borrowing from the International Monetary Fund increases the economic efficiency of the country

Experts: borrowing from the International Monetary Fund increases the economic efficiency of the country

07/05/2015 (00:01 pm)

Baghdad / al-Suhail Ahmed

Economists stressed that the borrowing from the IMF would impose on Iraq the commitment of reform and development programs in the economic side, and as pointed out that this borrowing will increase the economic efficiency of Iraq, indicated that Iraq would be obliged to provide high standards of transparency and the preparation of budgets in a scientific and sophisticated.

The economist said Read more…

CBI warns of annexation of the country to the list of countries with lax money laundering

CBI warns of annexation of the country to the list of countries with lax money laundering

07-05-2015 03:30 PM

In a striking position of the scene Economic Iraqi, issued strict warnings of the consequences of the continuation of money laundering and smuggling operations abroad, the financial sector, most notably invite experts in this area to involve combat financial crime with the Commission that the Iraqi parliament decided to set up, in order to gain legal force to Read more…

Economist: on the government to demand their money withheld by the International Monetary Fund instead of borrowing it

Economist: on the government to demand their money withheld by the International Monetary Fund instead of borrowing it

Created on Tuesday 0.05 May 2015 9:44

BAGHDAD / Sky Press: Faleh Hussein

Star economist warned al-Bayati, Tuesday, to borrow money from foreign international banks for the negative impact on the national economy, as the government called for a claim Iraq with money withheld by the International Monetary Fund instead of borrowing it.

Bayati said for “Sky Press,” that “the international organizations when they lend money, they set conditions and obligations of States Read more…

Iraq withdraw from its reserves

Iraq withdraw from its reserves

05.05.2015 12:06

Brother – Baghdad
Director of the Middle East and Central Asia Department announced at the International Monetary Fund Masood Ahmed, Tuesday, that Iraq’s request financial assistance from the Fund, and as he emphasized that an agreement may be a loan of about $ 800 million in a matter of weeks, pointed out that Iraq has begun to withdraw from its reserves.
Ahmed said in a statement to “Reuters”, that “Iraq’s Read more…

Iraq is seeking to apply for a loan from the International Monetary after the deficit

Iraq is seeking to apply for a loan from the International Monetary after the deficit estimate by about $ 25 billion

05-05-2015 01:30 PM

The IMF said that Iraq’s request financial assistance, and it may be agreed a loan of about eight hundred million dollars in a matter of weeks. The director of the Middle East and Central Asia Department Fund Masood Ahmed will work committees in this regard in the coming weeks .. hope to reach an agreement in time relatively recently. He explained Ahmed is likely to submit the loan through rapid funding Read more…

Economist: financial liquidity is sufficient in Iraq but corruption and mismanagement development fails

Economist: financial liquidity is sufficient in Iraq but corruption and mismanagement development fails

5.1.2015 9:11

[Baghdad-where]

confirmed an economist insufficient financial liquidity in the case of Iraq, despite the austerity is going through.

He said Raad al-Jubouri told all of Iraq [where] that “financial liquidity in Iraq may be enough despite the state of austerity if it was good disposition, but there is Read more…

Zebari: Iraq aspires to obtain a sovereign rating of the bonds worth five billion dollars

Zebari: Iraq aspires to obtain a sovereign rating of the bonds worth five billion dollars

4.30.2015 4:50 p.m.

[Follow-where]
Finance Minister Hoshyar Zebari said Thursday that Iraq was seeking sovereign rating continues with credit rating agencies as it prepares to issue bonds worth a huge five billion dollars needed to cover the financial deficit caused by low oil prices.
Zebari said in a press statement, “We started the process and that the banks are also seeking to help us in this direction,” without having to disclose Read more…

Najiba Najib: World Bank loan is not enough to fill the budget deficit

Najiba Najib: World Bank loan is not enough to fill the budget deficit

29/04/2015

BAGHDAD / … stressed member of the economic and investment commission parliamentary Najiba Najib, Wednesday, that the loan obtained by the Ministry of Finance of the International Monetary Fund is not enough to fill the state budget deficit, estimated at 25 trillion Iraqi%.

Said Najiba for “Eye Iraq News” that the loan is sufficient to meet Read more…

Iraq gets two loans from the International Monetary Fund over the next few months

Iraq gets two loans from the International Monetary Fund over the next few months

Wednesday, April 29, 2015 10:03

BAGHDAD / Baghdadi News / According to the appearance of Mohammed Saleh, Prime Minister Haider al-Abadi for economic affairs adviser, on Wednesday, for near Iraq for two loans from the International Monetary Fund.
Saleh said in an interview with / Baghdadi News / “The task of consultations in Washington about borrowing between Finance Minister Hoshyar Zebari and Governor of the Central Bank on the Read more…

Adviser Abadi : we consult for emergency financial assistance

Adviser Abadi : we consult for emergency financial assistance

Tuesday April 28, 2015 13:48

Alsumaria News / Baghdad
The Prime Minister reiterated adviser appearance of Mohammed Saleh , Tuesday, that Iraq undertake consultations with the International Monetary Fund for emergency financial assistance worth $ 800 million, with explained that the loan will be available to Iraq at any time and without conditions, he stressed that repaid will be in three years and an interest rate simple of 1%.

Saleh said in an interview with Alsumaria’s News, said that “consultations are still ongoing between the Central Bank and the IMF about the offer Read more…

Do we become hostage to the International Monetary Fund?

Do we become hostage to the International Monetary Fund?

04/27/2015 09:30: 002

The International Monetary Fund is the central institution in the international monetary system – any international payments and currency exchange rates which allows commercial transactions between different countries system.

Among what the lending member countries with balance of payments problems,

Also, the fund focuses mainly on macro-economic policies of Read more…

IMF lends Iraq $ 800 million went to borrow 3 billion

IMF lends Iraq $ 800 million went to borrow 3 billion

Date: 04/27/2015 18:18

Information / special / ..
Economic Adviser to the Prime Minister announced the appearance of Mohammed Saleh, on Monday, for the approval of the International Monetary Fund to lend Iraq $ 800 million with the government’s orientation for future borrowing from the IMF three billion dollars.
Saleh said in a statement to the Agency / information / that ” Finance Minister Light International Monetary Fund in order to Read more…

Finance: We are working to detect the smuggling of 200 billion dinars out of the country

Parliamentary Finance: We are working to detect the smuggling of 200 billion dinars out of the country

26/04/2015 (00:01 pm)

BAGHDAD / Noor Ali

Confirmed in the parliamentary finance committee member, on Saturday, that work is underway in the House of Representatives to detect more than 200 billion Iraqi dinars to smuggle out of the country in the past few years, and while he noted that the financial, economic and legal committees in addition to the Presidency working on a mechanism to learn the process of how the money smuggling and detect bodies Shortened, called on the government to invest Read more…

Keywords: Iraq worth two billion dollars to withdraw from the International Monetary

Keywords: Iraq worth two billion dollars to withdraw from the International Monetary

25-04-2015 04:26 PM

The governor of the central bank and the agency relationship, the Special Drawing Rights granted to the countries participating in the International Monetary Fund and including Iraq is estimated at two billion dollars.
Keywords explained that the International Fund for Iraq did not lend until the moment he is considering providing a loan of $ 800 Read more…