Iraq obtained a loan B5.34 billion dollars
Tuesday 06-12-2016 | 11:02:27
Twilight News / Iraqi government received the second installment of the IMF loan , despite the continuing financial pressures faced by the country, as a result of lower oil prices and the war against Daesh .
The second installment of the loan of $ 617.8 million . The total value of the loan approved by the IMF for three years, is estimated at $ 5.34 million.

The International Monetary Fund said that the performance of Iraq within the agreed reform program, has failed to meet all the required conditions, including a minimum of foreign reserves, and the maximum arrears of foreign oil companies .

The International Monetary Fund had predicted last October that Iraq's record annual growth of 10.3%, after a contraction of gross domestic product last year by 2.4%. https://www.ara.shafaaq.com/110824