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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The World Bank will lend Iraq $ 4 billion and "consultations Washington" will enable it to diversify

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 273617
    Join date : 2012-12-21

    The World Bank will lend Iraq $ 4 billion and "consultations Washington" will enable it to diversify Empty The World Bank will lend Iraq $ 4 billion and "consultations Washington" will enable it to diversify

    Post by Rocky Tue 11 Oct 2016, 3:13 am

    [You must be registered and logged in to see this link.]
    International Monetary Fund
    The World Bank will lend Iraq $ 4 billion and "consultations Washington" will enable it to diversify its economy


    Author: ZJ 
    Editor: BK 
    10.10.2016 23:22 
    Number of Views: 1611



    Long-Presse / Baghdad
    Financial advisor to the Prime Minister, confirmed the appearance of Mohammed Saleh, said Monday that consultations fought by Iraq with the IMF mission, the World Bank, resulted in getting loans is estimated at $ 4 billion over three years, while between it saw the agreement on the support of the government's reform program so as to help Iraq to overcome the dependence on oil and combat corruption problems.
    Saleh said, in an interview to the (long-Presse), he said that "Iraq's consultations with the International Monetary Fund and World Bank, which concluded today, in Washington DC, was positive and successful," adding that it "will allow Iraq access to soft loans from the World Bank estimated four billion dollars over the next three years. "
    Saleh added that "consultations provide for Iraq on a new batch of the International Monetary Fund during the current year 2016, with an estimated B643 million, out of a loan fund of three billion and 500 million dollars."
    He explained the financial advisor to Ebadi, "The consultations focused on evaluating the work of financial and monetary policies in the light of the government's reform program, which will be, according to the reform document, announced by Prime Minister Haider al-Abadi, both in economic management and the fight against corruption or in the Iraqi public financial governance."               
    Saleh continued, that "consultations saw agreement on the support of the reform program of the government, so as to help Iraq to overcome the dependence on oil and the fight against corruption and its waste problems," she returned to "the success of consultations adds new strength to the victory of Iraq on Aldaasha terrorism and the reconstruction of our country after the expulsion of its remnants."
    And come Iraq's negotiations with the International Monetary Fund and the World Bank mission to complement the first review, it has continued in Washington, DC, for the period from the sixth to the tenth of October, the current 2016.
    Iraq had happened in July 2015, a payment equal to about one billion and 240 million dollars, through the "rapid funding," a tool for the International Monetary Fund
    Iraq and delivered by mid-July 2016, about $ 634 million, representing the first installment of the IMF loan, immediately after the IMF Executive Board approval, in (the seventh of this month), on the standby credit agreement with Iraq, noting that the term of the loan is five years low annual interest rate of one and a half percent (1.5%), and that the number of payments is 13 batch stretches over 36 months.
    It is noteworthy that Iraq has agreed with the International Monetary Fund and World Bank to provide financial umbrella him up to $ 20 billion, to overcome the financial crisis as a result of the sharp decline in oil prices and the war against (Daesh).


    [You must be registered and logged in to see this link.]

      Current date/time is Sun 14 Jul 2024, 2:01 am