Central Bank: the amounts provided by a few international institutions and does not cover the fiscal deficit
March 29, 2016

Our economy / Baghdad
The Central Bank of Iraq, that the amounts provided so far of the few international institutions and does not cover the fiscal deficit, calling on the Iraqi government to "negotiate with these institutions in accordance with the economic interests of the country, and not to deal with them as institutions consultant to advise you."

He said the Council of the Iraqi Central Bank board member Ahmed Rehn said in a statement seen by the agency of our economy News, said, "We hope to provide loans to Iraq by international Islamic banks according pledged the World Bank to provide a loan to Iraq in an earlier meeting, which prepared a report on the Iraqi economy, published in the end 2015 ", adding that" the Islamic Bank offers between two and other assistance to its members, including Iraq. "

Rehn said, "The amount being offered is still low and not commensurate with the file in the Iraqi budget deficit," pointing out that "on Iraq to deal with the international financial institutions and try to take advantage of them to the extent possible."

Rehn stressed that "the World Bank and International Monetary Fund loans advanced against the conditions," asserting that "these institutions could not provide much to Iraq in spite of dealing with them on a regular basis since 2003".

He called Rehn, the government "for its efforts with those institutions from the logic of negotiation and defend the interests of the country, according to the discretion and understanding, according to the responsibility for the Iraqi economy, not on the mind advisory institutions offering advice to Iraq," adding that "these financial institutions have the goals at the international level ". http://www.iqtesaduna.com/2016/03/29/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D9%85%D8%A8%D8%A7%D9%84%D8%BA-%D8%A7%D9%84%D9%85%D9%82%D8%AF%D9%85%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D9%85%D8%A4/