World Bank agrees to lend to Iraq billion and $ 485 million

by **Rocky** Wed 21 Dec 2016, 2:58 am

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Post n°1

World Bank agrees to lend to Iraq billion and $ 485 million

by Rocky Wed 21 Dec 2016, 2:58 am

[ltr]World Bank agrees to lend to Iraq billion and $ 485 million[/ltr]

Since 21.12.2016 at 09:30 (Baghdad time)
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[ltr]BAGHDAD - balances News[/ltr]
[ltr]The World Bank approved a new loan worth 1.485 billion dollars to help Iraq to alleviate the weak economy on oil prices and bear the cost of the war against terror Daesh gangs.[/ltr]
[ltr]The bank said in a statement, "The new loan brings the total financial assistance from the World Bank for Iraq to about $ 3.4 billion."[/ltr]
[ltr]The World Bank said that "the new loan aims to support the Iraqi government's efforts to rationalize spending and to improve energy efficiency and enhance the corporate governance of state-owned companies."[/ltr]
[ltr]He described the World Bank, Iraq as "one of the richest countries in the world on the face of the earth and has the ability to pay its debts."[/ltr]
[ltr]World Bank director in the Middle East, Farid Belhaj, said that "Iraq is" locked in a deep structural reforms and widespread at the same time, which is fighting a bloody war against the destructive power. "[/ltr]
[ltr]Belhadj said that "Iraq's wealth from oil and gas constitute a solid guarantee for the repayment of loans," .anthy 29 n / 10[/ltr]

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by **Rocky** Wed 21 Dec 2016, 3:13 am

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Post n°2

World Bank lends Iraq, an amount more than a billion dollars

by Rocky Wed 21 Dec 2016, 3:13 am

[rtl]

World Bank lends Iraq, an amount more than a billion dollars

[/rtl]
[rtl]History of edits:: 12/21/2016 9:23 • 96 visits readable[/rtl]

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[rtl]
{International: Euphrates News} The World Bank has agreed to give Iraq a new loan of $ 1 billion and $ 485 to help him tackle the financial crisis is going through.
The World Bank said in a statement seen by the agency {Euphrates News} Wednesday that he "approved a new loan of $ 1 billion and $ 485 to help Iraq to alleviate the weak on the economy , oil prices and bear the cost of the war against Daesh criminal gangs."
"The new loan brings the total financial assistance from the World Bank for Iraq to about $ 3 billion."
The Bank approved two loans worth more than one billion and 350 million dollars to support Iraq in 2015 after a year of Daesh the control of criminal gangs on about a third of the country 's territory.
The World Bank said that " the new loan aims to support the Iraqi government 's efforts to rationalize spending and to improve energy efficiency and enhance the corporate governance of state-owned" .anthy

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by **Rocky** Wed 21 Dec 2016, 3:17 am

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Post n°3

World Bank announces loan for Iraq worth nearly $ 1.5 billion

by Rocky Wed 21 Dec 2016, 3:17 am

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World Bank announces loan for Iraq worth nearly $ 1.5 billion

Nur News / Aqsad
World Bank announced a new loan to Iraq worth about $ 1.5 billion to improve public services and work in the private sector and the loan secured third of Canada and Britain ($ 372 million British guarantee and guarantee $ 72 million Canadian).
Add to that the separate financial support worth 41.5 million dollars from the World Bank aims to modernize the management of public funds system.
Farid Belhaj, Regional Director of the Middle East Department at the World Bank, said that "despite the continuation of the war and the fall in oil prices, Iraq is currently radical reforms bold that will maintain the stability of the economy and lay the foundations for the development of a longer-term private sector, and to achieve inclusive growth for all segments of the Iraqi society." .
He said in a statement that "these reforms will help build confidence among Iraqi citizens and their government, and by making the management of public funds more efficient and transparent and to expand social safety nets to reach the most vulnerable populations."
And this loan, the total value of loans granted by the World Bank of Iraq, $ 3.4 billion, up as part of the financial support for the period 2015 to 2018, which promised the UN Middle East countries.

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World Bank agrees to lend to Iraq billion and $ 485 million

World Bank agrees to lend to Iraq billion and $ 485 million

World Bank lends Iraq, an amount more than a billion dollars

World Bank lends Iraq, an amount more than a billion dollars

World Bank announces loan for Iraq worth nearly $ 1.5 billion

Re: World Bank agrees to lend to Iraq billion and $ 485 million

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