International Monetary Fund: Independence of Kurdistan will not affect the economy of Iraq

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International Monetary Fund: Independence of Kurdistan will not affect the economy of Iraq

Post  Admin on Tue Sep 19, 2017 9:52 am

Economy News Baghdad:

The International Monetary Fund (IMF) announced on Monday that the independence of the Kurdistan region will have no significant economic and financial impact on Iraq.

The Iraqi Business Council said in a press statement received by "The Economist News" that "the head of the mission of the International Monetary Fund in Iraq, Christian Joss, discussed in the Jordanian capital Amman with the delegation of members of the Iraqi Business Council the latest developments in the Convention on credit readiness with Iraq and the challenges facing the Iraqi private sector" .

"The independence of the Kurdistan region will not have a significant economic and financial impact on Iraq, because the Iraqi government has not paid for the Kurdistan region two years ago; and therefore did not affect the general budget of the government."

He added that "the IMF agreement with the Iraqi government to pay the dues of contractors over three years from the signing of the credit agreement, that is to pay all arrears by 2019."


http://economy-news.net/content.php?id=9048

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