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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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    Iraq resorted to foreign reserves to cover the deficit

    Rocky
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    Iraq resorted to foreign reserves to cover the deficit Empty Iraq resorted to foreign reserves to cover the deficit

    Post by Rocky Wed 13 Jan 2016, 4:41 am

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    PM: 12: 03: 13/01/2016
     
     
     

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    [size=18]Khandan - The Iraqi government, in a note to the International Monetary Fund that it "plans to finance the deficit in the balance of payments of withdrawal from Iraq's reserves of foreign, including make it go down to $ 43 billion in 2016 from 59 billion in October last end."The government said under the program approved by the Monetary Fund as a precondition for the loan, "It is expected that the balance of payments deficit of $ 14 billion in 2015, before shrinking to $ 11 billion in 2016". He estimated Iraq that "GDP will grow by 1.5 percent in 2015 and 10.6 percent in 2016 with the increase in production of oil, "whilefalling oil prices will lead to a budget deficit of 15 percent of GDP in 2015 and a deficit of 10 percent in 2016.
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