********** Iraq is seeking to obtain an international credit rating for the issuance of sovereign bonds in his name

16/06/2015 10:45 GMT


Follow-up - and babysit - Iraq is seeking to obtain an international credit rating for the issuance of sovereign bonds in his name for the development of the volume of investment.

A statement by the Ministry of Finance received the news agency public opinion (and babysit) a copy of it, he was "an update of the consultations conducted by Hoshyar Zebari, Minister of Finance and his accompanying delegation in the presence of Deputy National Security Adviser Safa Sheikh held today, in (Turkey) held talks with Fitch and Rodez credit rating International, to get a credit rating assesses the economic and financial activity for Iraq during the current stage. "

The statement pointed out that access to this category, "Iraq will help in obtaining financial support and access to international capital markets and the issuance of sovereign bonds in the name of the Government of Iraq, also assisted in the development of the volume of investment through the contribution of many investors in the development of the development process."

The International Monetary Fund announced on the sixth of this month agreed "in principle", to help Iraq plan worth $ 833 million, to cope with the economic impact and cover the expenses of the war on the organization Daash, "adding that" help plan this must be approved by the member states in next July ".

Iraq is seeking to obtain a loan of five billion dollars from international banks to meet the budget deficit bonds.


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