International Monetary distracted for Iraq to $ 617.8 million after the completion of the first review
06.12.2016 9:51
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International Monetary Fund announced that its Executive Board completed the first review of the implementation of the standby credit agreement with Iraq , held for three years , a deal which aims to assist Iraq in the implementation of economic reform and the restoration of fiscal balance in the medium term program.
The International Monetary Fund said in a statement, said the Executive Board exchange about 617.8 million dollars after the completion of the first review of the economic reform program in Iraq .
The statement pointed out that the program which is supported by the fund include measures to protect the poor and strengthen the stability of the financial sector and curb corruption .
The Executive Board has agreed in July 2016 to around the $ 5.34 billion deal in the history of approval
The statement said that Iraq 's economic reform program supported by the Stand -By agreement aims to address the urgent needs of the balance of payments and access spending to a level commensurate with the decline in global oil prices and to ensure the continuity of religion within the limits of unsustainable. https://www.alliraqnews.com/modules/news/article.php?storyid=54103