Abadi adviser: Iraq will receive $ 634 million from the IMF and the budget deficit, "squeezed" economy

Since 09.28.2016 at 11:05 (Baghdad time)

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The head of the Minister for Economic Affairs Advisor to the appearance of Mohammed Saleh, Wednesday, that the size of the deficit in the budget of 2017 shrank from 34 trillion to 12 trillion dinars, adding that the next installment of the IMF loan to Iraq amounting to $ 643 million.

Saleh said, L / balance News /, that "Iraq will receive new loans in the coming periods, according to prepare the credit agreement concluded with the International Monetary Fund," noting that "the agreement is a pivotal agreement provides for Iraq financial umbrella of up to more than $ 20 billion over the Three years".

He added that "the budget began with a deficit estimated at 34 trillion but it shrank until it became no more than 12 trillion dinars," pointing out that "the next installment of the IMF loan to Iraq amounting to $ 643 million."

The prime minister pointed adviser, that "the World Bank President gave a positive signal to Iraq that the roof is open for Iraq to borrow, provided that Iraq performs receiving it from the loans in accordance with the agreed" .anthy 29 / A 43

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