IMF agrees to lend Iraq $ 13 billion

Oman -arac Press -18 May / May: The International Monetary Fund approved, to lend Iraq $ 13 billion to meet the financial needs, just days after an Iraqi team led by Finance Minister, Hoshyar Zebari talks in the Jordanian capital Amman with representatives from the International Monetary Fund.

Iraq and received - according reported by TV Alsm- a loan from the International Monetary Fund worth $ 13 billion worth of interest rate of 1.5%.

A member of the Finance Committee in the Iraqi Parliament, Jabbar Abdul Khaliq, said in a statement that " the International Monetary Fund agree to lend Iraq $ 13 billion that came after the confirmation of the ability of Iraqi financial institutions to fulfill their obligations."

He added that "Iraq is in dire need of a loan as a result of the low sale price of oil on world markets, and increase the rate of expenditure because of the war on the organization Daash."

The member of the Finance Committee that " the Finance Committee will be hosting the Iraqi team , who led the negotiations with the International Monetary Fund in the Jordanian capital, for details on the conditions set by the Fund in exchange for lending to Iraq that amount."

And the impact of falling oil prices on global markets since June 2014, largely on the Iraqi economy , which relies on oil to finance more than 90% of state spending, as well as the prohibitive costs of the war against al Daash.anthy (1)

http://www.iraqpressagency.com/?p=200114&lang=ar

Parliamentary Finance: International Monetary lend Iraq $ 6 billion

History of edits:: 2016/5/18 11:15

[Oan- Baghdad]
Chairman of the parliamentary Finance Committee announced Faleh force Iraq for a loan from the International Monetary Fund for $ 6 billion.

The sari press statement that "the loan includes the interest is estimated at 1.5%."

An Iraqi government delegation senior headed by Finance Minister Hoshyar Zebari held talks Saturday in the Jordanian capital Amman with the International Monetary Fund in order to conclude the credit readiness 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 the process of economic and financial system reform in the agreement the country. "

The International Monetary Fund has told Iraq the need to edit the budget for fiscal 2016 bill to reduce the loan in order to distract him.

In what he said Governor of the Central Bank of Iraq [agency] on the Keywords that Iraq will receive loans from the International Fund for up to $ 15 billion in the next two years.

Keywords Wayne in a newspaper interview, "Iraq is expected to happen this year at $ 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."

http://www.alliraqnews.com/modules/news/article.php?storyid=38284

Minister's [where]: The government will cooperate with the IMF on the budget


History of edits:: 2016/5/18 11:50

[Oan- Baghdad]

Minister, said the government will cooperate with the IMF regarding the request to consider the financial budget said.

The International Monetary Fund has told Iraq the need to edit the budget for fiscal 2016 bill to reduce the loan in order to distract him.

The Minister of Youth and Sports, Abdul-Hussein Abtan, told all of Iraq [where] "in return we get the loan from the IMF, the government is determined to coordinate and cooperate with him to get the loans and be the financial and economic affairs in conformity with the agreements that have taken place between the Ministry of Finance and the IMF."

And reportedly obtaining Iraq, on Tuesday, a loan from the International Monetary Fund worth $ 13 billion with interest estimated at 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.


And between Keywords in a newspaper interview, "Iraq is expected to happen this year at $ 7 billion or more, and in principle in the next two years could be that Iraq gets $ 15 billion, and these amounts can say that they have become almost certain."

An Iraqi government delegation senior headed by Finance Minister Hoshyar Zebari held talks Saturday in the Jordanian capital Amman with the International Monetary Fund in order to conclude the credit readiness 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 the process of economic and financial system reform in the agreement country.


http://www.alliraqnews.com/modules/news/article.php?storyid=38282