Zebari: We expect the sale of international bonds worth two billion dollars by the end of the year
Zebari: We expect the sale of international bonds worth two billion dollars by the end of the year
Friday, June 3, 2016 10:36
BAGHDAD / Baghdadi News / .. likely finance minister, Hoshyar Zebari, on Friday, Iraq to sell international bonds worth two billion dollars in the fourth quarter of this year, when the international aid begins to flow.
Zebari said in an interview with Reuters, the vassal / Baghdadi News /, “The State member of the Organization of the Petroleum Exporting Countries (OPEC) expects to receive $ 600 million in September from the International Monetary Fund, the first of facilitating a $ 5.4 billion expected to be earned by Iraq as a down payment from the fund over three years under the agreement was ready announced last month. ”
He added that “Iraq expects to sell international bonds worth two billion dollars in the last quarter of 2016 when the international aid begins to flow,” stressing that “this will help to reduce the cost of borrowing on Baghdad” .anthy 21 / t
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