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


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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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    Within 6 years.. 4 billion dollars will be paid by Iraq to the International Monetary Fund as debts

    Rocky
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    Within 6 years.. 4 billion dollars will be paid by Iraq to the International Monetary Fund as debts Empty Within 6 years.. 4 billion dollars will be paid by Iraq to the International Monetary Fund as debts

    Post by Rocky Sat 30 Apr 2022, 8:20 am


    [size=30]Within 6 years.. 4 billion dollars will be paid by Iraq to the International Monetary Fund as debts with interest

    2022-04-29
    [/size]
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    Yes Iraq: Baghdad

    Today, Friday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed that Iraq will pay 4 billion dollars to the International Monetary Fund, indicating that the repayment period will continue until 2028.
    Salih said that "there are debts owed by Iraq to the International Monetary Fund, which are loans that were provided after the year 2015 during the financial and security crises against ISIS terrorism at that time, and about that may exceed four billion dollars and according to two successive programs and two tranches: the first was called (accelerated financing method) and about more than On one billion dollars to support the 2015 budget,” noting that “the other loan between 2016 and 2017 amounted to nearly three billion dollars, within the scope of a program called (credit preparedness arrangements).”
    He explained that "these amounts are currently paid in installments with simple interest periodically and regularly, and they are part of the remnants of Iraq's remaining external debt that is really payable, which amounts to about 20 billion dollars, paid in installments until the year 2028 mostly."
    The Prime Minister’s advisor had previously confirmed that “the loans of the World Bank in particular are long-term and have grace periods of about 6 years, which usually extend to about 14 years, and the interests on them are moderate, as they are similar to the interest of the London markets on dollar lending transactions (Liber) plus a percentage of A simple extra represents the bank commission.
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