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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    For the first time .. The government reveals the value of internal and external loans to Iraq

    Rocky
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    For the first time .. The government reveals the value of internal and external loans to Iraq Empty For the first time .. The government reveals the value of internal and external loans to Iraq

    Post by Rocky Tue 06 Mar 2018, 3:28 am

    [rtl]For the first time .. The government reveals the value of internal and external loans to Iraq[/rtl]
    [rtl] March 05, 2018 - 13:41 | Number of readings:   [/rtl]
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    [rtl]The Deputy Minister of Finance and Agency, Maher Hammad Johan, on Monday, the value of internal and external loans to Iraq, stressing the allocation of certain percentages of them for electricity projects and provide services to citizens.[/rtl]
    [rtl]"The Iraqi government has internal and external loans, and this is known to everyone," Johann said in a press statement. "Domestic loans are 50 trillion and foreign are between 30 and 40 trillion."[/rtl]
    [rtl]He added that "the loans received by Iraq as opportunities in the future budget of 2018 will be spent five trillion of them on electricity projects and services to citizens," noting that "loans may continue in the coming years at the same pace or less."[/rtl]
    [rtl]"In Kuwait, we have made many offers, but we are not with the loan strategy," he said. "If the state budget improves, it is better to rely on it."[/rtl]
    [rtl]He explained that "the deficit in the budget this year does not exceed 13 trillion and last year was 23 trillion did not achieve the deficit less than half because the oil prices improved," noting that "the deficit in the current budget could be covered by the improvement of oil prices."[/rtl]
    [rtl]Iraq received $ 15.5 billion in sovereign loans through $ 1 billion in Kuwait, $ 5 billion in Turkey, $ 1 billion in Saudi Arabia, $ 1 billion in Qatar, $ 250 million in the UAE, $ 1.5 billion in the Arab Social Fund, Of development, $ 260 million Italy, and $ 6 billion World Bank).[/rtl]
    [rtl]The Iraqi government also obtained non-sovereign loans, financing and project guarantees of $ 11.61 billion, through $ 1 billion Kuwait, 0.5 reconstruction exports from Saudi Arabia, $ 5,200 billion, $ 210 million, United Kingdom, $ 3.5 billion, and 1.2 billion US dollars).[/rtl]
    [rtl]The Kuwait International Conference for the Reconstruction of Iraq was launched on Monday, February 12, 2018, and concluded on Wednesday 14 February.[/rtl]

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