US Embassy announces the completion of the first step to ensure the sovereign loan for Iraq

US Embassy announces the completion of the first step to ensure the sovereign loan for Iraq
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Nur News / Baghdad 
announced the US Embassy, the completion of the first step to ensure the sovereign loan worth $ 1 billion to Iraq, indicating that the loan guarantee confirms the enduring commitment of the United States to the people and Government of Iraq in their battle against Daesh. 
According to a statement of the embassy, "Nur News" received a copy of it, today, he said that " the Government of Iraq signed an agreement loan guarantee with the United States," adding that "this signing is the first step in the process that would allow Iraq to a greater opportunity to enter the capital markets international funds. " 
He said he was "having been fulfilled legal requirements and taking into consideration the specific actions, Iraq can move forward to become the beneficiary of the guarantee sovereign loan from the United States , " noting that it "confirms the loan guarantee this permanent commitment of the United States to the people and Government of Iraq in their battle against Daesh, as it is designed to ensure that the loan to support Iraq financially Gahd in his quest to complete the liberation of Iraq from Daesh and continue the important economic reforms in order to restore growth and prosperity. " 
She explained the US embassy, said that " the signing , which took place today is the first step to put the finishing touches to ensure the sovereign loan, and summed up the second step in the formal exchange of diplomatic memoranda between the United States Government and the Government of Iraq , under which included the United States government to pay the amount borrowed and the interest of the issue financial support by the government of a sovereign Iraq with a total of $ 1 billion, "unexpected" to proceed with the second step of the process in the coming weeks. " 
She stressed the Chargé d'affaires of the Embassy of the United States Stephanie Williams, during the signing ceremony, the "solidarity of the people and the Government of the United States with the people and government of Iraq , " pointing out that "these funds will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to take advantage of government services such as education and health care that enables them to build a promising a brighter future. " 
The statement pointed out , that " the loan guarantee agreement in this day shows that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people , " stressing that "under the Strategic Framework Agreement, Embassy of the United States is working closely with the Government of Iraq to ensure that the challenges the current economic do not affect the ongoing campaign to defeat Bdaash. " 
He noted that " the sovereign loan guarantee provides additional support to Iraq as a strategic partner stable , self - reliant to the United States of America."

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