The credit ratings agency: Iraq is agreement with the IMF for a positive credit rating

History of edits:: 2016/5/23 20:26
[Oan- follow-up]
She said the agency credit ratings [Moody], if the agreement concluded by Iraq and the International Monetary Fund, last week, regarding loan demand worth 5.4 billion dollars, a positive credit rating and will improve the liquidity of the government strapped to it.

Moody's said in a statement, "The agreement will help Iraq to finance the budget deficit and the current account deficit."

The agreement allows reached last Thursday of additional international aid worth $ 15 billion over the next three years to support an economy hit by the drop in oil prices since mid-2014 and the costly war against al Daash.

The credit ratings agency: Iraq is agreement with the IMF for a positive credit rating