Iraq, ending the first phase of the Stand-By agreement with the IMF



The number of visits: 2280 Published on: 15/9/2016, 11:46



Baghdad / Karbala News:

Iraqi prime minister for financial policy adviser said the appearance of Mohammed Saleh, Thursday, that Iraq is finished for the first phase from the standby credit agreement with the International Monetary Fund and the commitments of several stages include 13 commitment by which it agreed to grant Iraq a financial loan of $ 3.5 billion.

Saleh said in remarks followed up "free event" The first phase of the standby credit agreement with the International Monetary Fund included several reform requirements of the economy Alaraca, a Aloda, standards and management reform Almalah, and fix some Alqguanan, and procedures for restructuring the budget Amh, and maintaining bank reserves Antrza, and all of Iraq's commitment to them.

Saleh added that the standby credit agreement with the International Monetary Fund by which it agreed to grant Iraq a financial loan of $ 3.5 billion Dolar, includes 13 consultation or Altazam, Iraq and the International Monetary Fund, they finished the review Alooly, There will be coming revisions in early October next in Washington .

Saleh continued that after each audit is launched part of a financial loan to Iraq in accordance with the Alag, and we expect that Iraq received the second installment of the financial loan next month (without revealing its value).

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