Us Ambassador expected to collect 10 to 15 billion dollars in aid for Iraq

Economy Since 2016-03-17 at 23:00 (GMT)

Baghdad balance news

Us Ambassador to Iraq said Stewart Jones, Thursday, he expects to collect between 10 to 15 billion dollars in aid for Iraq, said Iraq needed to free economy, he announced his intention of supporting Iraq during the G7 meeting in Tehran after select fundamental reforms.

Jones spoke, during his speech at the fourth forum of Sulaymaniyah dialogue on the difficult financial situation that Iraq is going through now, pointing to the need for the country to create a "free and diversified economy."

Jones said that "Iraq is going through a difficult financial position, Washington gave him a loan to value of 2.7 billion dollars," adding that "part of the loan earmarked for the peshmerga."

He said the us Ambassador to Baghdad, saying "the United States has awarded 600 million dollars as humanitarian aid to Iraq."
Jones noted that "Iraq need a free and diverse economy,"
the importance of cooperation between the Governments in Baghdad and in the non-oil economic sectors ".

Jones predicted the "collect 10 to 15 billion dollars in financial aid for Iraq, stressing that" given the corruption as a criminal offence and not tolerated. "

Iraq suffers from a severe economic crisis following the drop in oil prices since the year 2014, and enormous military costs of the war to organize daash, as well as the displacement of millions of citizens from their areas because of the fighting.

U.s. Ambassador to Iraq, stressed that "Iraq select fundamental reforms in the Group of seven meeting in Tehran will be support for Iraq".
He described many of the participants between Baghdad and Arbil, which make great opportunities to raise the territory's imports after coordination with Baghdad. "

The us Ambassador said "our studies and debate in America about the work of the American Chamber of Commerce in Iraq and need for appropriate environment and not just security. Iraq is an important partner, and we work with him. "

And meets junction Sulaymaniyah under the supervision of regional and International Research Institute at American University, which was attended by several political figures in Iraq and the Kurdistan region and the world, and was the first Forum held on 12 March 2013 with the title "the geopolitical changes in the Middle East."
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