Weighting ..aqtrad billion and $ 400 million from the International Monetary
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Weighting ..aqtrad billion and $ 400 million from the International Monetary
04/01/2015
BAGHDAD / JD / .. tipped to economic and investment commission parliamentary, Wednesday, borrow billion and $ 400 million from the International Monetary Fund to bridge the budget deficit.
Said committee member Najiba Najib told / BD /: that the government will take a number of actions to address the budget deficit in light of the continued decline in global oil prices, including external borrowing and resort to investment and the privatization of some of the ministries, according to the 2015 budget items.
She added that there are special drawing rights the Ministry of Finance of the International Monetary Fund estimated at two billion dollars, are borrowing them by the state needed for the loan, likely borrow $ billion and $ 400 million from the International Monetary Fund to bridge the budget deficit in light of the continuing decline of global oil prices.
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