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The appearance of Mohammed Saleh reveals the terms of the agreement concluded by Iraq with the International Monetary Fund
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Al-Abadi adviser for economic affairs revealed the appearance of Mohammed Saleh, the terms of the agreement concluded by [You must be registered and logged in to see this link.] with the International Monetary Fund, pointing out that it was "positive" and resulted in a situation of "optimistic", while disclosed the mechanism and duration of repayment of the loan of the Fund.
Saleh said: "The [You must be registered and logged in to see this link.] has an agreement with the International Monetary Fund , requiring him a reform in the financial administration of the state in the general budget trends and find solutions to address the budget deficit without prejudice to the state obligations towards the employees ' salaries or important appointments, stressing that the step of the fund was positive on [You must be registered and logged in to see this link.] for several The main reason is to reduce the budget deficit in addition to reducing the borrowing and the accumulation of the Bureau to the Iraqi government, so this amendment should be seen from the perspective of optimism that the amendment was issued by a panel of international experts specialized in this field.
He added that the next year's budget priorities of the support of the military and is likely to be a peace budget after the great victories of the security services, and after folding the page, "urging" will turn that money to construction projects and investment, noting that the Fund had several conditions imposed on [You must be registered and logged in to see this link.] , The budget ceiling, in addition to the activation of a new system of financial management depends on international standards because the Fund wants to check the receivables of contractors before the second installment because he feared the existence of false tenders or financial and administrative corruption.
He added that the fund also stipulated the freezing of terrorist funds. This point was also approved by the Council of Ministers. He also stipulated that the budget should achieve financial revenues. He explained that the repayment mechanism of the Fund's loan is 5 years and two years, and each of the 13 loan releases Two years and a three-year payment.
He pointed out that the mechanism of repaying the World Bank loan is 16 years and allow for 3 years and interest ranging between one and a half to two percent, indicating that our success in our test with the Fund will contribute to our success in obtaining a loan from the World Bank because they are twins and the latter depends on the first.
Saleh said that the financial umbrella of the World Bank, which will be provided by the Fund and the World Bank up to 20 billion dollars through the postponement of the [You must be registered and logged in to see this link.] Court and the entitlements of the Gulf War.
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
Al-Abadi adviser for economic affairs revealed the appearance of Mohammed Saleh, the terms of the agreement concluded by [You must be registered and logged in to see this link.] with the International Monetary Fund, pointing out that it was "positive" and resulted in a situation of "optimistic", while disclosed the mechanism and duration of repayment of the loan of the Fund.
Saleh said: "The [You must be registered and logged in to see this link.] has an agreement with the International Monetary Fund , requiring him a reform in the financial administration of the state in the general budget trends and find solutions to address the budget deficit without prejudice to the state obligations towards the employees ' salaries or important appointments, stressing that the step of the fund was positive on [You must be registered and logged in to see this link.] for several The main reason is to reduce the budget deficit in addition to reducing the borrowing and the accumulation of the Bureau to the Iraqi government, so this amendment should be seen from the perspective of optimism that the amendment was issued by a panel of international experts specialized in this field.
He added that the next year's budget priorities of the support of the military and is likely to be a peace budget after the great victories of the security services, and after folding the page, "urging" will turn that money to construction projects and investment, noting that the Fund had several conditions imposed on [You must be registered and logged in to see this link.] , The budget ceiling, in addition to the activation of a new system of financial management depends on international standards because the Fund wants to check the receivables of contractors before the second installment because he feared the existence of false tenders or financial and administrative corruption.
He added that the fund also stipulated the freezing of terrorist funds. This point was also approved by the Council of Ministers. He also stipulated that the budget should achieve financial revenues. He explained that the repayment mechanism of the Fund's loan is 5 years and two years, and each of the 13 loan releases Two years and a three-year payment.
He pointed out that the mechanism of repaying the World Bank loan is 16 years and allow for 3 years and interest ranging between one and a half to two percent, indicating that our success in our test with the Fund will contribute to our success in obtaining a loan from the World Bank because they are twins and the latter depends on the first.
Saleh said that the financial umbrella of the World Bank, which will be provided by the Fund and the World Bank up to 20 billion dollars through the postponement of the [You must be registered and logged in to see this link.] Court and the entitlements of the Gulf War.
[You must be registered and logged in to see this link.]
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