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International financial support for Iraq to overcome its current crisis
4/18/2016 0:00
[rtl] After meetings with the World Bank and IMF officials and international donors
BAGHDAD - morning an
Iraqi delegation headed by Finance Minister Hoshyar Zebari and the membership ofPrime Minister for Economic Affairs and experts from the Ministry of Finance and Central Bank Adviser continues his meetings and meetings intensified with the decision - makers in the IMF and World Bank in order to build support for Iraq 's efforts in to reach agreement on the credit arrangement , which will provide financial resources to Iraq tohelp him overcome the current crisis and provide him with easy access to the capital markets and access to international financial support.
the delegation reviewed the evolving relationship between Iraq and the World Bank during a meeting with World Bank Vice President for the Middle East and North Africa Hafez Ghanem and discussed the Bank 's support both in the budget and theimplementation of investment projects or in the field of restoring stability and rebuilding areas liberated from the grip of «Daash» terrorist level, and in this context Zebari expressed Iraq 's need for more support after the release of more land and most recently spend Hit, Bank expressed its readiness to consider the needs of Iraq and deal with them in a positive way .
he met Zebari and his accompanying delegation with Director of the economic Department at the State Department Lisa Ciobsk, and discussed with him the economic and financial situation and the effects of the positive in Iraq sought to obtain international support and support for financial markets, as well as Iraq for financial support from theFund, which assisted in bridging the budget deficit.
in a meeting with Assistant Director of the group «JP Morgan» financial Dan Zeljko delegation discussed ways to enter Iraq to the capital markets and obtain financial support under the current international financial situation, also discussed with the credit rating agencies to identify opportunities to improve the credit rating obtained by Iraq during the past year, the first time in its history , which earned them a credit from international agencies enjoy a high reputation in the world market rating.[/rtl]
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