Weighting ..aqtrad billion and $ 400 million from the International Monetary

[yota691]

Weighting ..aqtrad billion and $ 400 million from the International Monetary

04/01/2015

 
 
BAGHDAD / JD / .. tipped to economic and investment commission parliamentary, Wednesday, borrow billion and $ 400 million from the International Monetary Fund to bridge the budget deficit.
Said committee member Najiba Najib told / BD /: that the government will take a number of actions to address the budget deficit in light of the continued decline in global oil prices, including external borrowing and resort to investment and the privatization of some of the ministries, according to the 2015 budget items.
She added that there are special drawing rights the Ministry of Finance of the International Monetary Fund estimated at two billion dollars, are borrowing them by the state needed for the loan, likely borrow $ billion and $ 400 million from the International Monetary Fund to bridge the budget deficit in light of the continuing decline of global oil prices. / End / 8 /

[sandfly]

THANKS

[jg1]

Iraq is barrowing money and not printing it. That's good right. This shows they have good credit for one. It does show they have a ways on the RV though. Sugar honey ice and tea. I got laid off yesterday so, I need the extra bills. SONY has laid off alot of people in the last 2 weeks. As per par, as they were laying people off and as our department was emptying out of product upper management kept saying how secure we were, then we were told its your last day. They are great forcasters in the ecomomy so be ready for the economy to take a dive in the next year or two.

[tlars brother]

they cannot actually borrow the funds without an RV.  The article states "will borrow"....The RV should be very very soon. No one has been paid over there,,,they are just spinning their wheels .

[SgtFuryUSCZ]

they cannot actually borrow the funds without an RV.  The article states "will borrow"....The RV should be very very soon. No one has been paid over there,,,they are just spinning their wheels .

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Sheer genius. 

[yota691]

Parliamentary Finance: There is the intention of the government to borrow billion from the International Monetary Fund

 

      Thursday   02   April   2015 | 09:49

 

 

 

 

 

 

Mohammed: There are steps followed by the government in order to cope with the deficit, including going to borrow from the International Monetary Fund

 

Qurtas News / Baghdad

Parliamentary Finance Committee announced Thursday, about the intention of the government to borrow billion from the International Monetary Fund to bridge the budget deficit.

The committee member said Abdul Qader Mohammed told the "Qurtas News" that "the budget year 2015 brought with it a lot of problems, especially as it coincided with the financial distress of Iraq and subjected to fierce attack by Daash gangs of terror," pointing out that "the government and parliament are discussing ways to respond to any stumbled faces a budget. "

He added that " there are steps followed by the government in order to cope with the deficit, including going to borrow from the International Monetary Fund, "noting that" Iraq has experience with IMF loans that helped solve a lot of problems and financial crises. "

He added that "there is a new direction for the government, which is borrowing from the IMF limits billion and perhaps more, in order to cover the budget deficit for 2015, as well as harnessed to some of the projects, especially the service."

[Big_J]