Iraq received the first installment of the international loan end of this month
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Iraq received the first installment of the international loan end of this month
Wednesday June 22, 2016 - 9:21
The Iraqi government announced, Wednesday, that the end of this month, will see the Executive Board of the International Monetary Fund endorsement of the granting of financial loans to Iraq agreement, noting that such approval, come to dedicate a memorandum of understanding approved by the Iraqi government to start a first batch of the total loan value of $ 5.4 billion, over the past three years.
He said the appearance of Mohammed Saleh economic advisor to Prime Minister Haider al-Abadi in a statement carried by the official newspaper "Sabah", and seen by tow, "The Executive Board of the International Monetary Fund will hold a meeting the end of this June or the beginning of next July to approve the granting of loans to Iraq agreement and the start of the launch of the first batch of the loan amounting to 600 million dollars, "he said." the government's commitment to reform its steps to hold steady at the far vision to be the approach to the future. "
Saleh added, "The government has approved the measures in the memorandum of the initial agreement during a meeting held two weeks ago, and informed the International Monetary Fund so," adding that "the agreement goes according to planned."
He stressed favor, that "it is scheduled to launch its first batch of the loan if approved by the Executive Council for the management of the fund by the end of June, and the Convention, and the rest over three years in conjunction with the required economic reforms, which include activation of taxes, fees and improving banking supervision level to fight corruption and money laundering "explaining that" the reforms require tuning to work in state-owned companies and a review of civil servants' salaries bloated accounts to eliminate the phenomenon of granting the salaries of those who do not come to perform their jobs or earn more than a paycheck. "
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The Iraqi government announced, Wednesday, that the end of this month, will see the Executive Board of the International Monetary Fund endorsement of the granting of financial loans to Iraq agreement, noting that such approval, come to dedicate a memorandum of understanding approved by the Iraqi government to start a first batch of the total loan value of $ 5.4 billion, over the past three years.
He said the appearance of Mohammed Saleh economic advisor to Prime Minister Haider al-Abadi in a statement carried by the official newspaper "Sabah", and seen by tow, "The Executive Board of the International Monetary Fund will hold a meeting the end of this June or the beginning of next July to approve the granting of loans to Iraq agreement and the start of the launch of the first batch of the loan amounting to 600 million dollars, "he said." the government's commitment to reform its steps to hold steady at the far vision to be the approach to the future. "
Saleh added, "The government has approved the measures in the memorandum of the initial agreement during a meeting held two weeks ago, and informed the International Monetary Fund so," adding that "the agreement goes according to planned."
He stressed favor, that "it is scheduled to launch its first batch of the loan if approved by the Executive Council for the management of the fund by the end of June, and the Convention, and the rest over three years in conjunction with the required economic reforms, which include activation of taxes, fees and improving banking supervision level to fight corruption and money laundering "explaining that" the reforms require tuning to work in state-owned companies and a review of civil servants' salaries bloated accounts to eliminate the phenomenon of granting the salaries of those who do not come to perform their jobs or earn more than a paycheck. "
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