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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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    IDB pledges to finance Iraq's three billion dollars

    Rocky
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    IDB pledges to finance Iraq's three billion dollars Empty IDB pledges to finance Iraq's three billion dollars

    Post by Rocky Thu 26 May 2016, 10:59 am

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    Iraqi Central Bank building in central Baghdad Imaging (Mahmoud Raouf)
    IDB pledges to finance Iraq's three billion dollars


    Author: ASJ, HH 
    Editor: HH 05.26.2016 10:29 Number ofViews: 543 




    [rtl]Long-Presse / Baghdad [/rtl]
    [rtl]Iraqi Central Bank announced on Thursday that the Islamic Development Bank has pledged an initial funding of three billion dollars of Iraq, as he emphasized that the amount would be in the form of grants and soft loans.[/rtl]
    [rtl] The flags of the Iraqi Central Bank said in a brief statement received, (long-Presse), a copy of which, "The bank received a preliminary commitment from the Islamic Development Bank funded Iraq three billion dollars in grants and soft loans."[/rtl]
    The Economic Adviser to the Prime Minister and the appearance of Mohammed Saleh revealed, in the (19 May 2016), that the approval of the International Monetary Fund for lending to Iraq required a reduction of the general budget of about 13 trillion dinars and the placement allocations expenses "senior staff" to settle the dues of oil companies income tax, He pointed out that the conditions also included the exception of the armed forces and junior staff of the income tax provisions, as he emphasized that the loan will open the door for loans from industrialized nations worth more than $ 15 billion.
    The Finance Minister Hoshyar Zebari announced that, in the (19 May 2016), to reach an agreement with the World Bank Fund for a loan worth $ 5.4 billion, and as pointed out that the loan will allow securing additional financial assistance to reach about $ 15 billion over three years next, Governor of the Central Bank of Iraq, on the Keywords confirmed that the annual interest rate of the loan is up to 1.5%.


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