********** Iraqi government delegation negotiating with international banks in Turkey for the issuance of sovereign bonds global market

Monday 15-06-2015 | 9:35:52


Shafaq News / The Iraqi Finance Ministry on Sunday announced the arrival of a government and a ministerial delegation to the Turkish city of Istanbul to discuss the final stages in the process of issuing sovereign government bonds in the global financial market.

According to a statement issued by the Ministry of Finance responded to Twilight News, it said the delegation included Finance Minister Hoshyar Zebari and Oil Minister Adel Abdul Mahdi and Planning Minister Salman Jumaili and Governor of the Central Bank on the Keywords and advisor to the Prime Minister for Economic Affairs appearance of Mohammed Saleh and senior advisers and experts ministries involved and the central bank.

The statement added that the delegation began meetings with representatives of international banks, "Citibank" and "JP Morgan" and "Deutsche Bank" to review the financial and economic, political and security report on Iraq, as well as with the international law office of Iraq.

The statement continued that he is scheduled to meet with the delegation also my company classification and Alloitman International Tribunals Modiner and Fitch in order to determine the credit rating of Iraq in the international capital market.

The budget law for 2015, passed by the Iraqi Council of Representatives has authorized the government to issue sovereign government bonds by seven trillion dinars to cover the fiscal deficit in the budget.


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Iraqi talks with financial "City Bank" and "JP Morgan" and "Deutsche Bank"
Author: Publisher on: June 15, 2015 In: economy Views: 41 views

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Search Finance Minister Hoshyar Zebari and his accompanying with a number of international banks and the delegation, "JP Morgan" and "City Bank" and "Deutsche Bank" for the second day of negotiations in Istanbul to find the financial resources to cover the deficit in the 2015 budget.

Zebari and accept the performance of the Iraqi economy under the current circumstances and the role of the federal budget for this year in cost control and enhance resources.

And provided technical delegation remarks to the queries raised by the representatives of the three banks and related economic activities in all sectors.

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Iraqi financial talks with international banks

Monday 15 June 2015
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Search Finance Minister Hoshyar Zebari, with a number of global banks - JP Morgan and City Bank - and Deutsche Bank - a second day of negotiations in Istanbul to find the financial resources to cover the deficit in the 2015 budget, and accept Zebari During the meeting, the performance of the Iraqi economy in lost current conditions and the role of Federal budget for this year in cost control and enhance the resources and technical delegation presented its observations to the queries raised by the representatives of the three banks and relating to activities in all economic sectors

And government and ministerial delegation was to Istanbul arrived yesterday evening to discuss the final stages in the process of issuing sovereign government bonds in the global financial market.

The delegation included Finance Minister Hoshyar Zebari and Oil Minister Adel Abdul Mahdi and Planning Minister Salman Jumaili and Governor of the Central Bank on the Keywords and Adviser to the Prime Minister for Economic Affairs, Dr. appearance of Mohammed Saleh and senior advisers and experts participating ministries and the Central Bank

The delegation is scheduled to meet also with the two International Tribunals classification and Alloitman Modiner and Fitch in order to determine the credit rating of Iraq in the international capital market.

The budget law for 2015 has authorized the government to issue sovereign government bonds by seven trillion dinars to cover the fiscal deficit in the budget.


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