IMF stands ready to provide advice and financial assistance to Iraq after the end of violence

Monday, 15 December 2014 13:15


Alsumaria News / Baghdad
Showed the International Monetary Fund , on Monday, ready to offer advice and financial assistance to Iraq once the violence which, as pointed out that the violence in Iraq and Syria, led to the destruction of the economic activities and the creation of two major economic crisis to neighboring countries, with the exodus of millions of refugees to it.

The deputy director of the Middle East Department of the International Monetary Fund Adnan farmers, in remarks reported by "Middle East", and followed up with "Alsumaria News", "The civil war in Syria and the crisis in Iraq, a major humanitarian crisis that has led to the displacement of millions and the destruction of infrastructure in them, "he said, adding "The violence in which led to the destruction of economic activities and create a major economic crisis to neighboring countries, with the exodus of millions of refugees to it."

Growers and added that "the IMF is providing advice to Iraq and the countries that suffer from the effects of the crisis, and we have a team from the Fund paid a visit to Lebanon to consult on the effects of the crisis on the financial and economic situation in Lebanon."

He said farmers that "once the cessation of violence, we are ready to provide technical assistance and advice, and if you want to countries in financial aid The International Monetary Fund is ready for submission," noting that "the Fund has three areas of help is advice on economic policy, and support in raising the government capacity, in addition to providing loans and financial aid. "

The federal budget for Iraq, which depends on oil exports by 95% affected significantly after the drop in oil prices to below $ 65 a barrel after reaching these prices to $ 120 per barrel during the first months of this year.

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