Global agency: Iraq 's agreement with the IMF for a positive credit rating

Views 23 Date 05/24/2016 - 18:48

Economy News / Follow-up ....

Announced the agency "Moody's" credit rating, on Monday, said the agreement concluded by Iraq and the International Monetary Fund for a loan under the positive demand for credit rating and will improve the liquidity of the government strapped to it.

The agency said the credit ratings in a statement that "the agreement will help Iraq to finance the budget deficit and the current account deficit."
Iraq announces receiving a loan from the IMF $ 13 billion
IMF: Iraq may receive a loan under the demand for three years

And got Iraq, (May 17, 2016), on loan from the IMF worth $ 13 billion with interest estimated at 1.5 percent.

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