Iraq agrees to international monetary condition debts Kuwait for receiving a loan of 20 billion

2016-06-11 12:30 p.m

Special the balance of news

Economy and Investment Committee member confirmed parliamentary answer truthfully answer, Saturday, that Iraq would give Kuwait State debts of approximately 9 billion dollars, with the Government got a loan from the International Monetary Fund to support the budget for the next two years.

Najib said l/balance ", news of the agreement between Iraq and the International Monetary Fund estimated at 20 billion dollars, including Kuwait compensation amounts", adding that "previously such awards were postponed for two years in a row because of the inability of the Iraqi Government paid to Kuwait."

She added, "(13.6) billion budget support will be in the country for 2016 and 2017 and 2018", noting that "(6-9) billion dollars proposed by Kuwait's debt."

She added, that "Iraq has to pay more than 55 billion to Kuwait, a sign that" the result was reached to give the International Monetary Fund to Iraq these amounts for payment to the State in question.

She pointed out that "such amounts to be paid in the form of comfortable premiums", stating that "these loans adversely affect Iraq's economy".