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TUESDAY, OCTOBER 11, 2016
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3:41 AM ADMIN
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Baghdad/ Iraq TradeLink: Iraqi premier's financial advisor disclosed that the negotiations with the World Bank (WB) and the International Monetary Fund (IMF) resulted in granting 4 billion dollar-loan during the coming three years.
In a statement, he pointed out that the talks in Washington yesterday were "positive and successful".
He added that the talks yielded in getting a financial portion from the IMF during 2016 with the amount of 643 million dollars, out of the loan that will reach to 3.5 billion dollars.
The current talks with the two international financial institutions (6-10 October, 2016) were to complete the first talks.
In July 2015, Iraq got an "urgent" financial portion of 1.240 billion dollars from the IMF.
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