Posts Tagged ‘World Bank’

Iraq: recruitment freeze and the imposition of fees and levies in the next three years

Iraq: recruitment freeze and the imposition of fees and levies in the next three years

07/17/2016

BAGHDAD / JD / .. in light of the financial crisis experienced by the country as a result of lower oil prices, the federal government began to resort to external borrowing to bridge the shortfall in the general budget, where the IMF agreed to lend Iraq more than $ 16 billion under the terms required to Iraqi government adhered to, including a recruitment freeze and the imposition of duties and taxes, in addition to obtaining the levies private sector services to increase revenue, as well as other conditions and obligations.
It seems that the Iraqi government would agree to all the international conditions in order to get Read more…

International Monetary give Iraq credit line worth $ 5.34 billion

International Monetary give Iraq credit line worth $ 5.34 billion

08.07.2016 12:51

[Where – Baghdad]
and approved by the International Monetary Fund, to give Iraq a line of credit worth $ 5.34 billion to help it overcome the financial crisis faced after the deterioration of oil prices and the war against terrorism.
The fund said in a statement, his Thursday July 7, that the Iraqi government will get the case on an initial loan Read more…

Terms of the documents … undeclared IMF on Iraq in return for lending

Terms of the documents … undeclared IMF on Iraq in return for lending

Saturday, July 2, 2016 11:36

I got / Baghdadi News / … on the set of documents showing the conditions of the International Monetary Fund on Iraq in return for granting loans.
The document revealed that “part of the conditions that are colorful cut staff pensions and modify the military services’ salaries in order to provide additional revenue for the state.”
According to those documents for many terms not disclosed in the media, including the reduction of the wage bill increased by 3.0 trillion Iraqi dinars through natural withdrawal from the delay Read more…

Terms of the international lending matching government reforms

Terms of the international lending matching government reforms

6/29/2016 0:00

Baghdad , Tariq al – Araji ,
said Undersecretary of the Ministry of Finance Dr. Fadhil Nabi Othman said the terms of the IMF and the World Bank to lend Iraq matching government reforms , which has direct by Dr. Haider al – Abadi Prime Minister. Said Osman in the interview with the «morning» dialogue that targeted Iraq ‘s international value of loans to overcome the financial dogged amounting to more than $ 18 billion, especially that Iraq has fulfilled Read more…

CONSULTANT ABADI: INTERNATIONAL LOAN WOULD NOT AFFECT THE RATION CARD

CONSULTANT ABADI: INTERNATIONAL LOAN WOULD NOT AFFECT THE RATION CARD

June 27, 2016

BAGHDAD / IBN

Prime Minister for Economic Affairs Adviser Dr revealed the appearance of Mohammed Saleh, said that the loan would not affect the ration card, indicating that the loan was found to cover the deficit and support the Iraqi economy.

Saleh said on Monday, in a statement to the network of Iraqi transmitter (IBN), that “progress to prepare the credit agreement with the International Monetary Fund for Iraq a soft loan”, adding Read more…

World Bank obliging the government not to release of grades for three years

World Bank obliging the government not to release of grades for three years

06/25/2016

BAGHDAD / JD / .. A commission of economy and investment representative, for forcing the World Bank Iraqi government not to release of grades for three years to deal with the government to sag.
A member of the committee MP Ahmed Salim told / KD / that “all the conditions of the International Monetary Fund and the World Bank are reasonable and serve the Read more…

Deputy for the National calls for the inclusion of advisers of the three presidencies reforms

Deputy for the National calls for the inclusion of advisers of the three presidencies reforms

6/21/2016 12:58

[Where – special]
called on Deputy Prime Minister Haider al – Abadi National Alliance to the inclusion of advisers of the three presidencies current Baslahath.
Said Ahmed Salim told all of Iraq [where] that ” the reform project was to include all government institutions, ministries and even the three presidencies, and about the advisers of the three presidencies , they do not need for this Read more…

World Bank: The new labor law in Iraq, acknowledged the international world-class

World Bank: The new labor law in Iraq, acknowledged the international world-class

19.06.2016 13:53

[Where – Baghdad]
said the World Bank, said on Sunday that the new labor law in Iraq , acknowledged the international world – class sought the World Bank to be transferred to Iraq.
And it formed the Ministry of Labour and Social Affairs Commission in coordination with the World Bank to put instructions applying the new Social Protection Act No. 11 of 2014.
The head of the Supreme Read more…

Stop the appointments for three years in Iraq, with the exception of education, health and security

Stop the appointments for three years in Iraq, with the exception of education, health and security

06/18/2016 10:58 pm (Baghdad time)

Special scales News
Parliamentary Finance Committee confirmed Saturday that one of the conditions of IMF loan to Iraq is to stop the appointment for a period of three years, with the exception of education, health and security.
The committee member said Sarhan Ahmed’s / balances News /, that “the IMF conditions on Iraq for many, the most prominent Read more…

National: The government is trying to appease Bank and the International Monetary through reforms

National: The government is trying to appease Bank and the International Monetary through reforms

06.12.2016 at 10:05 (Baghdad time)

Special – balances News
MP for the National Bloc Abdullah al-Jubouri, said on Sunday that the reform in a manner born president of the Council of Ministers of the mess by offering reforms to cancel Ministries to provide a closed envelope.
Jubouri said L / balance News / “The reforms are not to cancel or merge ministries, and this will generate another problem affecting the public money, even if the purpose is to please the World Bank,” adding that his handling of the President of the Council of Ministers is Read more…

Keywords: waiting for a law reveals the source of funds deposited

Keywords: waiting for a law reveals the source of funds deposited

6/12/2016 0:00

BAGHDAD – Al- Sabah
said the central bank governor d. On the Keywords for compliance with the World Bank of the liberalization of capital and edit the current account and this leads to not refrain from selling the dollar at auction currency as long as the citizen pays dinars to buy it as we are continuing the auction currency to maintain Asagrar dollar and the Iraqi dinar in the market price.
He said at a seminar Center for Mesopotamia for strategic Studies addressed the international Monetary Fund Read more…

Economic parliamentary: many positive aspects of the World Bank loan

Economic parliamentary: many positive aspects of the World Bank loan

6/6/2016 0:00

BAGHDAD Shaima Rashid
Economic Commission representative said that the World Bank , which would give Iraq up to 5 billion and $ 400 million as a down payment first very positive loan, noting that some of the conditions difficult and could harm the citizens, as pointed out that the House will intervene to resolve this matter in the case arrived loan to him.
she explained committee member Nora Albjara that taxes will be Read more…

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)

Special 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 Read more…

Iraq’s total debt amounted to $ 59 billion, and “some of which has not been decided.”

Parliamentary Economy: Iraq’s total debt amounted to $ 59 billion, and “some of which has not been decided.”

06/02/2016 19:16 pm (Baghdad time)

Special – balances News
Najiba Najib confirmed a member of the Economic Committee, said Thursday that Iraq’s total debt amounted to about $ 59 billion, while showed that some of them has not been decided until now.
She said Najib’s / balances News /, that “Iraq’s debt amounted to about 59 billion dollars,” pointing out that “$ 14 billion is the Paris Club debt.”
She added, “There are legal claims until now Read more…

Deputy: No need to amend the budget to implement the terms of the International Monetary

Deputy: No need to amend the budget to implement the terms of the International Monetary

Wednesday June 1, 2016 13:09

Alsumaria News / Baghdad
According to a member of the Finance Committee in Parliament MP Jabbar al – Abadi, on Wednesday, there was no need to amend the budget for fiscal year 2016 to implement the terms of the law of the International Monetary Fund , as pointed out that the operating expenses of the state less than the stipulated budget.

Ebadi said in an interview with Alsumaria’s News, “we do not need Read more…

Kanani: IMF loan makes Iraq subject to international economic standards

Kanani: IMF loan makes Iraq subject to international economic standards

29.05.2016 at 12:55 (Baghdad time)

Special scales News
Counting of the economic and investment commission member of the Parliamentary Ahmed Kanani, on Sunday, Iraq’s new funds from the International Monetary Fund, a step in the right direction to make Iraq is under international economic standards.
Said Kanani, L / balance News /, said that “Iraq borrow from the International Monetary Fund makes Iraq abide by international standards and conditions, namely that Iraq abide by mandatory.”
He added that “those conditions will join the administrative affairs of the Iraqi economic system, in terms of Read more…

Saleh: $ 20 billion in the value of financial umbrella that will get Iraq

Saleh: $ 20 billion in the value of financial umbrella that will get Iraq

May 28, 2016

Detecting the appearance of Mohammed Saleh financial advisor to the Prime Minister Haider al-Abadi, that the amount of “international financial umbrella” will get Iraq estimated at approximately $ 20 billion, as called for economic and investment commission in parliament to focus on the extent of the actual need of loans and how Read more…

IMF requires the imposition of strict controls on the doors of the loan disbursement

IMF requires the imposition of strict controls on the doors of the loan disbursement

Mon, May 23, 2016 09:19

Baghdad / follow Baghdadi News / … the IMF imposed in the agreement concluded by Iraq during the past two days, to impose strict controls on the doors of disbursement of the loan, and full salary and allowances subordinate to the senior state employees, and job grading supreme, and private, to income tax. While not include conditions permit Read more…

Urgent ready credit gives Iraq certificate to deal with international banks

Urgent ready credit gives Iraq a loan of $ 15 billion securities certificate to deal with international banks

05/19/2016 17:25

[Wayne – Baghdad] to
grant the International Monetary Fund and World Bank Iraq, according to the agreement to prepare the credit loan of $ 15 billion, in addition to a financial certification Read more…

World Bank loans require financial control over Iraq and opposition

World Bank loans require financial control over Iraq and opposition Aaduha “detraction of national sovereignty.”

5/16/2016 13:24

Long-Presse / Baghdad
I went back to the Committee of Economy and Parliamentary investment, on Monday, the demands of the International Monetary Fund of Iraq to agree to lend him “do not constitute conditions” but a vision to address the economic crisis being includes a reduction in spending and focus on productive sectors to enhance budgetary resources, while external borrowing experts who impose Read more…