International Monetary Fund and the application of the pricing of electricity to give Iraq a loan of 833 million dollars is required

06/29/2015 12:41

Tomorrow Press / Baghdad: condition of the International Monetary Fund for Iraq electricity pricing application planned versus scheduled to give him a loan to help the financial position of $ 833 million.

A source in the Council of Ministers for "tomorrow Press," that "the IMF stipulated a series administrative reforms, and facilities trade and investment, in addition to the removal of subsidies on many exchange resources related to the citizen," noting that "the Council of Ministers will discuss the requirements of the Fund at its scheduled day Tuesday ".

He explained that "the Ministry of Electricity supported the implementation of this requirement, after making minor changes to the pricing proposed by the earlier, and caused a stir at the street," noting that "electricity and promised not to raise wages for poor groups that do not spend more than a thousand units per month."

The Prime Minister Haider al-Abadi was met with senior officials at the International Monetary Fund, and asked them to help Iraq to hold administrative and economic reforms, and the development of private sector and investment in Iraq, and promised to fund to provide loans to support the reforms, bypassing Iraq fiscal stayed with him, as opposed to the Iraqi government's commitment to the terms of the most prominent raise some of the material for the huge financial support.

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