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IMF approves giving Iraq a loan conditional on a $ 5 billion
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Moody's credit rating agency said on Thursday that the unconditional worth $ 5.34 billion loan agreement with the International Monetary Fund will reduce the financial difficulties and balance of payments problems faced by Iraq.
The agency said in a statement that 'a positive agreement of the credit because it will improve liquidity at a time of rising financial risks and those related to the balance of payments.'
He added that 'the agreement has been ratified by the International Monetary Fund last week has allowed Iraq to obtain additional international aid worth $ 15 billion over the next three years to support the economy, which has been affected by the fall in oil prices since mid-2014 in addition to the charge of the battle waged by the country against Daash '. r
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[You must be registered and logged in to see this image.]
Moody's credit rating agency said on Thursday that the unconditional worth $ 5.34 billion loan agreement with the International Monetary Fund will reduce the financial difficulties and balance of payments problems faced by Iraq.
The agency said in a statement that 'a positive agreement of the credit because it will improve liquidity at a time of rising financial risks and those related to the balance of payments.'
He added that 'the agreement has been ratified by the International Monetary Fund last week has allowed Iraq to obtain additional international aid worth $ 15 billion over the next three years to support the economy, which has been affected by the fall in oil prices since mid-2014 in addition to the charge of the battle waged by the country against Daash '. r
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