BAGHDAD / News Network Iraq, will see the Executive Board of the International Monetary Fund endorsement of the granting of financial loans to Arac.sv appearance of Mohammed in a press statement agreement today: " The Executive Board of the IMF Economic Adviser to the Prime Minister Haider al - Abadi, said the end of the month of June , he said international will hold ameeting the end of this June or the beginning of next July to approve the granting of loans to Iraq agreement and the start of the launch of the first installment of the loan amounting to 600 million dollars, "he said . " the government 's commitment to its steps for reform stable at the far vision to be the approach the future ".ouaq IMF last May to give Iraq a loan of $ 5.4 billion over three years, but give Iraq that is conditioned implemented measures to cut spending and increase non - oil revenue and the payment of arrears to oil companies billions of dollars . "said Saleh, said the loan" government approved the measures in a note initial agreement during a meeting held two weeks ago, and informed the international Monetary Fund so , "stressing that" the agreement goes according to planned. " He noted , "It is scheduled to launch the first batch of the loan if approvedby the Executive Council for the management of the fund by the end of June , and the Convention, and the rest over three years in conjunction with the required economic reforms, which include activation of taxes, fees and improving banking supervision level to fight corruption and money laundering . " He explained Saleh, " the reforms require tuning to work in state - owned companies and a review of government employees bloated salaries accounts to eliminate the phenomenon ofgranting the salaries of those who do not come to perform their jobs or earn more than salary" .ohdd that " the IMF loan is required to maintain social spending and adopt the mechanism for thedisbursement of funds, identifying priorities, including the displaced file, and that it will continue spending without a deficit or find drainage projects due to the deficit, noting that other thing for social care that must include all eligible , without exception , according to the discussions that took place in Amman network. " and between the government adviser, he said , " the other thing is tokeep the ration card and the salaries of the staff that will be embedded and fixed and there will be cuts again, pointing out that this matter will be the condition of the expansion of the appointmentswith the exception of medical and health and educational personnel, judges and the armed forces, as well as to be appointments quality" . He said, " the talks with the IMF in Amman dealt with thepreparation of government employees , which exceeded four million and three million employees retired , " adding that it "constitutes a burden on the state , " .ojadded favor of emphasis on not to"cut salaries functional again, and that the promotions will continue "adding that it" subject to theceiling of salaries and numbers of existing comes. "