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BatmaninIraq
05-19-2016, 09:23 PM
Official statement: Iraq and the International Monetary agreement to prepare the credit

5-19-2016

[Wayne - Baghdad]finance ministry announced the conclusion of negotiations between the government delegation and the International Monetary Fund, and come to prepare the credit agreement [SBA] at the expert level.
Said in a statement received by all of Iraq [where] a copy of the negotiations concluded after noon on Thursday between the government delegation headed by the minister , Hoshyar Zebari , and the participation of the central bank governor and adviser economic prime minister and leading experts in the financial, oil and planning, electricity and experts of the International Monetary Fund and the ministries. "
he added that "resulted in the negotiations, agree on a program to prepare the credit arrangements , which provides financial support for Iraq during the next three years, enabling it to continue to provide the war on entity Daash terrorist edit Iraqi soil requirements of claws and deficit reduction and financial gap and achieve financial and economic reform real" .
theministry followed " the government delegation was keen that does not affect this program on government spending in the area of social and health services and education and a network of social welfare and humanitarian programs."
According to news access of Iraq, last Tuesday, a loan from the international Monetary Fund worth $ 13 billion with interest estimated 1.5 percent.as governor of the Iraqi Central Bank [agency] on the Keywords that Iraq will receive loans from the international Fund for up to $ 15 billion in the next two years.
among Keywords in a newspaper interview , "Iraq is expected to receive this year's $ 7 billion or more, and in principle in the next two years could be that Iraq gets $ 15 billion, and these amounts could say it has become almost certain. "
An Iraqi government delegation senior headed by Finance Minister Hoshyar Zebari held talks since last Saturday in the Jordanian capital Amman with IMF Get ready for the conclusion of the credit agreement , which will provide Iraq with financial support to enable it to overcome the financial crisis and reduce the gap in the budget so as to enhance economic and financial system of the country 's reform process.