Iraq signed with the United States sovereign loan of one billion dollars

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Iraq has signed, on Thursday, with the US sovereign loan guarantee one billion dollars, adding that the loan will provide resources to enable the Iraqi government to fulfill their basic obligations to the Iraqi people.

Said Undersecretary of the Ministry of Finance Fadel Prophet on the sidelines of the signing of the contract at a press conference in Baghdad attended by "Economy News" that "Iraq and the US signed a guarantee sovereign loan worth billion dollars," adding that "the signing represents a first step in the access to international capital markets the greater after it was fulfilling legal requirements and taking into account the specific policies. "


He said the Prophet "The United States will ensure the US through a sovereign guarantee loan repayment amount borrowed, plus interest under issued by the Iraqi government financial support."

He noted the Prophet that "completion guarantee sovereign loan of two important steps process first summed up in should be signed to ensure the sovereign loan by the Government of Iraq and the United States, and the second summed should be an exchange of diplomatic notes between the Government of Iraq and the United States to the final play to guarantee the payment of the amount borrowed and the interest arising from the issuance of sovereign financial support from the Government of Iraq, including a total of billion dollars. "

The Prophet said, "Iraq is struggling to meet its financial obligations and provide basic services to its citizens," pointing out that "the loan will provide resources to enable the Iraqi government to fulfill their basic obligations to the Iraqi people and will enable it to accurately focus on the fight against Daesh."

"The loan also will ensure the continuation of the United States' strong its commitment to help Iraq win the battle against Daesh and economic reform and to take advantage of all Iraqis from the proceeds of this loan," he said. "This loan will facilitate the financing of another loan by a billion dollars without a guarantee from the US government."

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Iraq signs a sovereign loan guarantee US billion-dollar agreement

Baghdad -arac Press -5 January: The Iraqi government signed with the United States, on Thursday, ensuring the US sovereign loan - billion - dollar agreement, which is " the first step to allow greater opportunity for Iraq to enter the international capital markets , " according to the US embassy.

The embassy said in a statement received L / Iraq Press / copy it, that " the Government of Iraq signed today an agreement loan guarantee with the United States one billion dollars," returned the signature "as a first step in the process that would allow Iraq to a greater opportunity to enter markets international capital.

" The statement added that "Iraq could yet have been fulfilled legal requirements and taking into account the specific procedures, to move forward to become the beneficiary of the guarantee sovereign loan from the United States , " adding that " the loan guarantee this confirms a permanent commitment from the United States to the people and Government of Iraq in their battle against Daesh. "

The statement continued, " The design of loan guarantee that was to support Iraq financially in his quest Gahd to complete the liberation of Iraq from Daesh and continue the important economic reforms in order to restore growth and prosperity , " he said , adding that " the signing , which took place today is the first step to put the finishing touches to ensure the sovereign loan ".

The statement disclosed that " The second step is to the formal exchange of diplomatic memoranda between the United States and the Government of Iraq, under which included the United States Government Government to pay the amount borrowed and the interest of the issuance of sovereign financial support by the Government of Iraq , including a total of billion dollars , " expected to "go the second step of the process in the coming weeks."

The statement quoted the Chargé d'affaires of the Embassy of the United States of America Stephanie Williams as saying during the signing of the agreement, he said that "these funds will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to benefit from government services such as education and health care that will enable them to build a future promising brighter.

" The statement said, " The agreement demonstrates on this day that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people , " pointing out that " the United States Embassy and under the Strategic Framework Agreement, is working closely with the Government of Iraq to ensure that the current economic challenges affect the ongoing campaign to defeat Bdaash.



" The statement stressed that "sovereign loan guarantee will provide additional support for Iraq as a strategic partner stable , self - reliant United States of America" .anthy (1)

http://www.iraqpressagency.com/?p=227782&lang=ar

Baghdad and Washington sign a sovereign loan of US billion - dollar agreement 
[ltr] 05/01/2017 11:46
[/ltr]


[ltr] Long-Presse / Baghdad
Announced Alomarkih embassy on Thursday the signing of Iraq and the United States of America an agreement to ensure the US sovereign loan worth billion dollars, and promised that "the first step" to allow greater opportunity for Iraq to enter the international capital markets and "commitment" Washington guide his support in the fight against Daesh, as suggested completion the second step of the formal diplomatic exchange of notes within weeks.


The US Embassy said in a statement received (range Press), a copy of it, that "the Government of Iraq signed today an agreement loan guarantee with the United States one billion dollars," returned the signature "as a first step in the process that would allow Iraq to a greater opportunity to enter international capital markets. "


The statement added that "Iraq could yet have been fulfilled legal requirements and taking into account the specific procedures, to move forward to become the beneficiary of the guarantee sovereign loan from the United States," adding that "the loan guarantee this confirms a permanent commitment from the United States to the people and Government of Iraq in their battle against Daesh. "


The statement continued, "The design of loan guarantee that was to support Iraq financially in his quest Gahd to complete the liberation of Iraq from Daesh and continue the important economic reforms in order to restore growth and prosperity," he said, adding that "the signing, which took place today is the first step to put the finishing touches to ensure the sovereign loan ".


The statement disclosed that "The second step is to the formal exchange of diplomatic memoranda between the United States of America and the Government of Iraq, under which included the United States Government Government to pay the amount borrowed and the interest of the issuance of sovereign financial support by the Government of Iraq, including a total of billion dollars," expected to "go the second step of the process in the coming weeks."


The statement quoted the Chargé d'affaires of the Embassy of the United States Stephanie Williams as saying during the signing of the agreement, he said that "these funds will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to benefit from government services such as education and health care that will enable them to build a future promising brighter. "


The statement said, "The agreement demonstrates on this day that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people," pointing out that "the United States Embassy and under the Strategic Framework Agreement, is working closely with the Government of Iraq to ensure that the current economic challenges affect the ongoing campaign to defeat Bdaash. "


The statement stressed that "sovereign loan guarantee will provide additional support for Iraq as a strategic partner stable, self-reliant United States of America."




http://www.almadapress.com/ar/NewsDetails.aspx?NewsID=6057
[/ltr]

Iraq signs loan guarantee worth $ 1 billion agreement with the US
History of edits:: 2017/1/5 12:13



{Baghdad: Euphrates News} signed the Government of Iraq, on Thursday, the loan guarantee agreement with the United States, valued at $ 1 billion, to support the country's important economic reforms.

According to a statement of the embassy and agency {Euphrates News} received a copy of it today, that "the Government of Iraq signed an agreement loan guarantee with the United States, as this signing is the first step in the process that would allow Iraq to a greater opportunity to enter the international capital markets."




"The contract was signed after the fulfillment of legal requirements and taking into consideration the specific actions, Iraq can move forward to become the beneficiary of a sovereign loan guarantee from the United States."

He said the embassy statement that "the loan guarantee confirms the enduring commitment of the United States to the people and Government of Iraq in their battle against Daesh criminal gangs, and that the design of loan guarantee to support Iraq financially in his quest Gahd to complete the liberation of Iraq from Daesh and continue the important economic reforms in order to restore growth and prosperity."

He pointed to "the signing, which took place today is the first step to put the finishing touches to ensure the sovereign loan," Mushir that "The second step is to the formal exchange of diplomatic memoranda between the United States Government and the Government of Iraq, under which included the United States government to pay the amount borrowed and the interest arising the issuance of sovereign financial support by the Government of Iraq, including a total of $ 1 billion, "expected to be" to proceed with the second step of the process in the coming weeks. "

During the signing ceremony, he stressed Stephanie Williams, Chargé d'affaires of the Embassy of the United States "on the solidarity of the people and the Government of the United States with the people and Government of Iraq by saying," This money will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to benefit from government services such as education and health care that enables them to build a promising a brighter future. "

The statement continued that "the loan guarantee agreement shows that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people, under the strategic framework, which the Embassy of the United States is working closely with the Government of Iraq to guarantee agreement and that the current economic challenges do not affect the ongoing campaign to defeat Bdaash, "stressing that" the sovereign loan guarantee will provide additional support to Iraq as a strategic partner stable, self-reliant United States of America ".anthy

http://alforatnews.com/modules/news/article.php?storyid=136075