IMF Begin the 2nd Review of the Program to Prepare Credit Consultations
It began in the Jordanian capital , Amman, on Iraq Monetary Fund Begin the 2nd review of the program to prepare credit consultations
It began in the Jordanian capital , Amman, on Wednesday, the second review between Iraq consultations and the International Monetary Fund , which will continue until the fourth of this June, as Iraq seeks through which to obtain a loan of about $ 840 million, as part of a standby credit program signed between Iraq and the Fund.
Financial advisor Ebadi says the appearance of Mohammed Saleh in response to a question (range), on the importance of these talks, Iraq is seeking to obtain a loan of about $ 840 million, as part of a standby credit program signed between Iraq and the International Monetary Fund, for a period of 36 months starting from July 7 2016, and a soft loan of approximately the "$ 5.3 billion, paid off over five years, as the program provides financial umbrella for Iraq has more than $ 15 billion, including soft loans from the World Bank and the Group of seven major industrialized countries, with other loan programs finance Ktogel compensation premiums Kuwait war.
Saleh asserted that Alu D , who will participate in these talks from the Iraqi side will add him by the Minister of Finance Agency Abdul Razzaq al- Issa and the Governor of the Central Bank of Iraq on the Keywords with a broad team of experts from the ministries of oil, planning and finance and the central bank, electricity, Office of Financial Supervision.
The agreement aims to re - balance the financial account General external account and improving public financial management while protecting social spending for Iraq, according to an interview with a former head of the IMF mission (range) and between that Iraq can assume its debts if the Iraqi authorities carried out the agreed financial correction by the Fund with Bam It shall prepare Alaitmana, agreement.
The affairs are concerned Alaguetsada, believes that economic reforms will contribute to creating a magnet for investment factors Alojunba, which will expand the country 's productive base and alleviate the burden on the public budget.
They include economic reforms in Iraq , an increase in taxes and in electricity charges and improve banking