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Iraq intends to borrow "huge" funds to fill the budget deficit and the establishment of investment projects
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Baghdad / ... Iraq intends to borrow about 16 trillion dinars to finance investment projects and fill the budget deficit of 19.4 trillion dinars.
According to government reports, these loans include local and foreign bonds as well as loans from foreign and Arab countries and some organizations such as the IMF and the World Bank.
The project this year 's budget, would present an Iraq national bonds to the public $ 1.6 trillion dinars will also receive a loan from the World Bank and other banks and international companies and $ 2.1 trillion dinars and a loan from the International Monetary Fund to support the budget , $ 1.8 trillion dinars.
Iraq will also receive a loan from the Japanese Agency for Development Cooperation to support the budget of 236.4 billion dinars and a loan from the Saudi Fund for Development worth 35.4 billion dinars, and the issuance of foreign bonds worth 1.8 trillion dinars and a loan from the European Union worth 118.2 billion dinars.
Iraq will also provide remittances through commercial banks worth 3 trillion dinars, a loan from the JBIC worth 94.5 billion dinars, a loan from the World Bank worth 296.9 billion dinars, and a US loan for the purpose of arming worth 834.9 billion dinars and a British loan worth 851 billion dinars.
Iraq will receive loans guaranteed by international export guarantee institutions worth one trillion dinars, a German loan of 179.6 billion dinars, a Swedish loan of 141.8 billion dinars, an Italian loan of 92.9 billion dinars, loans of the Japanese agency JICA worth 692.1 billion dinars and a German loan for Siemens projects the rest of 283.6 billion dinars.
[You must be registered and logged in to see this link.]
Baghdad / ... Iraq intends to borrow about 16 trillion dinars to finance investment projects and fill the budget deficit of 19.4 trillion dinars.
According to government reports, these loans include local and foreign bonds as well as loans from foreign and Arab countries and some organizations such as the IMF and the World Bank.
The project this year 's budget, would present an Iraq national bonds to the public $ 1.6 trillion dinars will also receive a loan from the World Bank and other banks and international companies and $ 2.1 trillion dinars and a loan from the International Monetary Fund to support the budget , $ 1.8 trillion dinars.
Iraq will also receive a loan from the Japanese Agency for Development Cooperation to support the budget of 236.4 billion dinars and a loan from the Saudi Fund for Development worth 35.4 billion dinars, and the issuance of foreign bonds worth 1.8 trillion dinars and a loan from the European Union worth 118.2 billion dinars.
Iraq will also provide remittances through commercial banks worth 3 trillion dinars, a loan from the JBIC worth 94.5 billion dinars, a loan from the World Bank worth 296.9 billion dinars, and a US loan for the purpose of arming worth 834.9 billion dinars and a British loan worth 851 billion dinars.
Iraq will receive loans guaranteed by international export guarantee institutions worth one trillion dinars, a German loan of 179.6 billion dinars, a Swedish loan of 141.8 billion dinars, an Italian loan of 92.9 billion dinars, loans of the Japanese agency JICA worth 692.1 billion dinars and a German loan for Siemens projects the rest of 283.6 billion dinars.
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