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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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    Saleh: $ 20 billion in the value of financial umbrella that will get Iraq

    Rocky
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    • Post n°1

    Saleh: $ 20 billion in the value of financial umbrella that will get Iraq Empty Saleh: $ 20 billion in the value of financial umbrella that will get Iraq

    Post by Rocky Sat May 28, 2016 9:32 pm

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    Saleh: $ 20 billion in the value of financial umbrella that will get Iraq

    May 28, 2016


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    Our economy / Baghdad
    Detecting the appearance of Mohammed Saleh financial advisor to the Prime Minister Haider al-Abadi, that the amount of "international financial umbrella" will get Iraq estimated at approximately $ 20 billion,
    Saleh said in a statement seen by the agency of our economy News, he said that "what has been with the International Monetary Fund called the Convention on the Stand-By Arrangements, and will begin working out at the first of next July," adding that "Iraq Siqtrd under five billion and $ 400 million duration allow reimbursement standing three years. "
    Saleh added, "The World Bank will give Iraq a loan of three billion dollars on favorable terms and for a long time to pay," noting that "both the World Bank and the IMF different mechanisms for lending."
    He explained the financial advisor to Ebadi, "The total amount of borrowing from the International Monetary Fund and the World Bank is eight billion and $ 400 million," stressing that "the postponement of payments to the Iraqi debt by the Paris Club countries and compensation for the Kuwait war, would bring to Iraq leeway to cope with the current financial pressure."
    Saleh continued, that "Iraq Siqtrd nearly five billion dollars, an additional seven industrialized nations (Paris Club), such as Italy, Germany and JICA Japan International Cooperation," pointing out that "the total loans either from the IMF or the World Bank or major industrialized nations, with the postponement of payment of dues of Kuwait and those of the Paris Club, ranging from 19 to 20 billion dollars. "
    And Saleh, that "financial parachute total borrowing will be between 19 to 20 billion dollars, and in the shade will be the International Monetary Fund and the World Bank loan as well as receivables that were postponed or will postpone constitute funding Like the borrowing."


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