Abadi Office: Iraq is not exceptional loans mortgaging the country's economy as some commonly
Economy News / Baghdad ...
Last update 22/03/2017
14:00
The Office of the Prime Minister Haider al-Abadi, Wednesday that the loans obtained by Iraq will not hinder debt as some commonly, noting that the loans obtained by the exceptional government for the rest of the countries.

A spokesman for the office, Saad al-Hadithi in a press statement that "readiness credit agreement signed by Iraq with the IMF and the World Bank in July of last year contains aid and soft loans with very few limited benefits and paid very long periods of up from 15 to 20 years," He is stressing that he "was taking into account the lack of handcuff Iraq debt or mortgage economy."

He explained Sabri, said that "these loans are loans where interest rates are very low at the global level as a result of the efforts of political and government and clarified the position of Iraq, which is fighting terrorism," noting that "not for the decline in oil prices and the money that Iraq needs in the war against Daesh what we needed those loans. "
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