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The Iraqi government confirmed on Thursday applied to freeze the recruitment policy in most sectors and reform of salaries and charging for electricity in order to increase revenues.
The government said in a note published by the International Monetary Fund , seen by (Treasures Media) that "economic activity for Iraq shrank by 2.4 percent in 2015 , " expected " to grow by 10.3 percent in the current year."
She added that "Iraq will cut spending in the non - oil budget in 2016 by 15 percent and Sestdan billions of dollars in light of falling oil prices more than expected."
Amnesty said it was "now expects to reduce the deficit to $ 4.9 billion in 2016 and then to $ 13.2 billion during the period 2017-2019."
She noted that "other sources of funding to fill this year 's deficit may include loans worth more than two billion dollars from the World Bank participate in the guaranteed France, Britain, Canada and loans worth more than three billion dollars from the United States and other lenders."
The government also said the International Monetary Fund , according to the memorandum it is committed to "progressive repayment" of receivables overdue for international oil companies by the end of 2016, and estimated the arrears in the past year , billions of dollars.
The IMF agreed recently on loan demand, allowing Iraq to get first payment of $ 1.9 billion.
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The government said in a note published by the International Monetary Fund , seen by (Treasures Media) that "economic activity for Iraq shrank by 2.4 percent in 2015 , " expected " to grow by 10.3 percent in the current year."
She added that "Iraq will cut spending in the non - oil budget in 2016 by 15 percent and Sestdan billions of dollars in light of falling oil prices more than expected."
Amnesty said it was "now expects to reduce the deficit to $ 4.9 billion in 2016 and then to $ 13.2 billion during the period 2017-2019."
She noted that "other sources of funding to fill this year 's deficit may include loans worth more than two billion dollars from the World Bank participate in the guaranteed France, Britain, Canada and loans worth more than three billion dollars from the United States and other lenders."
The government also said the International Monetary Fund , according to the memorandum it is committed to "progressive repayment" of receivables overdue for international oil companies by the end of 2016, and estimated the arrears in the past year , billions of dollars.
The IMF agreed recently on loan demand, allowing Iraq to get first payment of $ 1.9 billion.
[You must be registered and logged in to see this link.]
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