Parliamentary Finance: Iraq's non-binding conditions of the IMF for lending
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    Parliamentary Finance: Iraq's non-binding conditions of the IMF for lending

    Parliamentary Finance: Iraq's non-binding conditions of the International Monetary Fund for lending



    12.28.2015 at 10:41 (GMT Baghdad)

    Special - scales News
    Ruled out the parliamentary finance committee member Husam punitive, Monday, removal of subsidies on the ration card and oil derivatives as the condition of the International Monetary Fund to lend the Iraqi government, while stressing the continuation of employees and retirees pay the salaries and not compromising with slices of Iraqi society.

    He said the punitive L / scales News /, that "Iraq is committed to with the International Monetary Fund annual obligations and duties, including the granting of an annual subscription or monthly In contrast, Iraq shall have the right to take loans as needed," adding that they are "non-Mtvdilan 100% on Iraq."

    He added that "Iraq is not bound to adopt the view of the recommendations of the International Monetary Fund that are harmful to some segments of Iraqi society, in some cases," stressing "the continuation of support for the ration card in addition to the salaries of retirees stay as they are."

    He explained, "The World Bank's fund has a desire to interest in investing and the private sector", ruling out the "removal of subsidies on the ration card and oil derivatives in addition to the continuation of employees and retirees pay the salaries in spite of Iraq passing crisis, but did not reach the stage of damage slices community Alassayash".

    It is noted that the IMF imposed the removal of subsidies for electricity and the ration card to lend to the Iraqi government and enable them to bridge the projected deficit in the next budget in 2016. It ended 29 quarters e

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    Last edited by Loopback; 12-28-2015 at 02:25 PM.



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