Billion-dollar Baghdad and Washington sign a sovereign loan agreement
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Billion-dollar Baghdad and Washington sign a sovereign loan agreement
Admin Sat Jan 07, 2017 9:03 am
Saturday, January 7, 2017 - 8:37
BAGHDAD / morning and the governments of Iraq and the United States sovereign loan guarantee that would allow Iraq access to the international capital markets and borrowing worth billion of low-interest agreement.
The agreement was signed by the Iraqi side Fadhil Nabi, Undersecretary of the Ministry of Finance, while it was signed for the American side and vice Washington's ambassador to Baghdad, Stephanie Williams.
A press release said the Ministry of Finance, received «morning»: The loan «facilitate the financing of another loan by a billion dollars without a guarantee from the US government, would be a sovereign loan guarantee the continuation of the United States strong its commitment to assist Iraq in the victory over Daesh and achieve economic reform».
Said Undersecretary of the Ministry of Finance, told reporters that «this loan is a US guarantee of Iraq to issue global bonds with an interest rate of more than 2 percent to cover the deficit in the current year budget».
http://www.imn.iq/archives/107235
BAGHDAD / morning and the governments of Iraq and the United States sovereign loan guarantee that would allow Iraq access to the international capital markets and borrowing worth billion of low-interest agreement.
The agreement was signed by the Iraqi side Fadhil Nabi, Undersecretary of the Ministry of Finance, while it was signed for the American side and vice Washington's ambassador to Baghdad, Stephanie Williams.
A press release said the Ministry of Finance, received «morning»: The loan «facilitate the financing of another loan by a billion dollars without a guarantee from the US government, would be a sovereign loan guarantee the continuation of the United States strong its commitment to assist Iraq in the victory over Daesh and achieve economic reform».
Said Undersecretary of the Ministry of Finance, told reporters that «this loan is a US guarantee of Iraq to issue global bonds with an interest rate of more than 2 percent to cover the deficit in the current year budget».
http://www.imn.iq/archives/107235
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