Iraq received $ 600 million from the International Fund for the first loan installment

economy
Since 07.17.2016 at 10:01 (Baghdad time)

Special scales News

A commission of parliamentary economy and investment, Sunday, that Iraq will receive the first $ 600 million of the IMF loan as a down payment in the next few days.

He said committee member Rep. Najiba Najib, L / balance News /, that "Iraq will receive the first $ 600 million of the IMF loan as a down payment, in the next few days."

Najiba said, that "this amount represents the first installment of a total 5 billions and $ 400 million of the loan agreed with the IMF."

He pointed to a committee member, said: "This represents a boost in 2016, which will be an average of two billion, and will be in the form of meals and premiums."

It is said that the International Monetary Fund, World Bank and international partners have agreed, in the (May 19, 2016), to give Iraq a loan of $ 15 billion at an interest rate of 1.5%, the loan would be dedicated to cover the deficit in the budget Alathadah.anthy

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