IRAQ SAID TO BE PLANNING A SECOND $1 BILLION BOND ISSUE

[yota691]

Baghdad and Washington sign a one billion dollar loan agreement

Date of publication: 05/01/2017 | Are GMT 09:43 |

 

RT

Baghdad and Washington sign a one billion dollar loan agreement

 

Signed by the Governments of Iraq and the United States, the agreement "sovereign loan guarantee" that would allow Iraq access to the international capital markets and borrowing worth billion of low-interest.

According to a press release, on Thursday January 5, that the loan "will facilitate the financing of another loan by a billion dollars without a guarantee from the US government, and would represent a sovereign loan guarantee the continuation of the United States strong its commitment to assist Iraq in the victory over the organization (Daesh) terrorist and achieve reform economic ".

Fadel said the Prophet, and the Undersecretary of the Ministry of Finance Iraqi reporters: "This loan is a US guarantee of Iraq to issue global bonds with an interest rate in excess of 2% to cover the deficit in the current year's budget."

The agreement was signed by the Iraqi side Fadhil Nabi, Undersecretary of the Ministry of Finance, while it was signed on the US side Brooke Aescham Mission Director of the US Agency for International Development.

[yota691]

Iraq signed with the United States' sovereign loan "worth billion dollars

Anmar Journal 1 minute ago Add comment 0 Visit

 

 

BAGHDAD - The Journal News

US embassy announced on Thursday the completion of the first step to ensure the sovereign loan worth 1 billion dollars for Iraq.

According to a statement of the embassy received (Journal News) a copy of it, that "the Government of Iraq today signed the Convention on the loan guarantee with the United States," indicating that "This signing is the first step in the process that would allow Iraq to a greater opportunity to enter the international capital markets ".

The statement added that "having been fulfilled legal requirements and taking into consideration the specific actions, Iraq can move forward to become the beneficiary of the guarantee sovereign loan from the United States," adding that "the loan guarantee this confirms a permanent commitment from the United States to the people and Government of Iraq in their battle against Daesh. "

He pointed out that this "loan guarantee is designed to support Iraq financially in his quest Gahd to complete the liberation of Iraq from Daesh and continue the important economic reforms have been in order to restore growth and prosperity," explaining that "the signing, which took place today is the first step to put the finishing touches to ensure the sovereign loan, summed up the second step in the formal exchange of diplomatic memoranda between the United States and the Government of Iraq, the government under which the United States government to ensure payment of the amount borrowed and the interest of the issuance of sovereign financial support by the Government of Iraq, including a total of $ 1 billion, and is expected to proceed with the second step of the process through the coming weeks. "

During the signing ceremony, Mrs. Stephanie Williams, Chargé d'affaires of the Embassy of the United States stressed the solidarity of the people and the Government of the United States with the people and Government of Iraq, saying: "This money will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to take advantage of government services such as education and health care that will enable them to build a promising future brighter ".anthy 3

[yota691]

of America announced the completion of the first step to ensure the sovereign loan worth billion dollars for Iraq

 

 

 

 one hour ago

 

 

Twilight News / Government of Iraq took place today on the loan guarantee with the US agreement, as announced by the last embassy in Baghdad

The embassy said in a statement, that this signing is the first step in the process that would allow Iraq to a greater opportunity to enter the international capital markets. Having been fulfilled legal requirements and taking into consideration the specific actions, Iraq can move forward to become the beneficiary of a sovereign loan guarantee from the United States.

The statement added that confirms loan guarantee this permanent commitment of the United States to the people and Government of Iraq in their battle against Daesh noting is designed to ensure the loan this to support Iraq financially in his quest Gahd to complete the liberation of Iraq from Daesh and continue the important economic reforms in order to restore growth and prosperity.

 The statement continued that the signing that took place today is the first step to put the finishing touches on the sovereign guarantee of the loan. And summed up the second step in the formal diplomatic exchange of notes between the United States Government and the Government of Iraq, under which included the United States government to pay the amount borrowed and the interest of the issuance of sovereign financial support by the Government of Iraq, including a total of $ 1 billion. It is expected to proceed with the second step of the process in the coming weeks.

During the signing ceremony, Stephanie Williams confirmed, the Chargé d'affaires of the Embassy of the United States on the solidarity of the people and the Government of the United States with the people and Government of Iraq by saying, that "these funds will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to take advantage of government services such as education and health care that enables them to build a promising a brighter future. "

The statement concluded that the loan guarantee agreement demonstrates on this day that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people. Under the Strategic Framework Agreement, Embassy of the United States is working closely with the Government of Iraq to ensure that the current economic challenges do not affect the ongoing campaign to defeat Bdaash. Sovereign loan guarantee also provides additional support to Iraq as a strategic partner stable, self-reliant to the United States of America.

 

[yota691]

The US embassy in Iraq

Baghdad and Washington sign a sovereign loan of US billion-dollar agreement

 

Author: AB 
Editor: AB 
1.5.2017 11:46 
Number of Views: 427

 

 

 

Long-Presse / Baghdad

Announced Alomarkih embassy on Thursday the signing of Iraq and the United States of America an agreement to ensure the US sovereign loan worth billion dollars, and promised that "the first step" to allow greater opportunity for Iraq to enter the international capital markets and "commitment" Washington guide his support in the fight against Daesh, as suggested completion the second step of the formal diplomatic exchange of notes within weeks.

The US Embassy said in a statement received (range Press), a copy of it, that "the Government of Iraq signed today an agreement loan guarantee with the United States one billion dollars," returned the signature "as a first step in the process that would allow Iraq to a greater opportunity to enter international capital markets. "

The statement added that "Iraq could yet have been fulfilled legal requirements and taking into account the specific procedures, to move forward to become the beneficiary of the guarantee sovereign loan from the United States," adding that "the loan guarantee this confirms a permanent commitment from the United States to the people and Government of Iraq in their battle against Daesh. "

The statement continued, "The design of loan guarantee that was to support Iraq financially in his quest Gahd to complete the liberation of Iraq from Daesh and continue the important economic reforms in order to restore growth and prosperity," he said, adding that "the signing, which took place today is the first step to put the finishing touches to ensure the sovereign loan ".

The statement disclosed that "The second step is to the formal exchange of diplomatic memoranda between the United States of America and the Government of Iraq, under which included the United States Government Government to pay the amount borrowed and the interest of the issuance of sovereign financial support by the Government of Iraq, including a total of billion dollars," expected to "go the second step of the process in the coming weeks."

The statement quoted the Chargé d'affaires of the Embassy of the United States Stephanie Williams as saying during the signing of the agreement, he said that "these funds will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to benefit from government services such as education and health care that will enable them to build a future promising brighter. "

The statement said, "The agreement demonstrates on this day that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people," pointing out that "the United States Embassy and under the Strategic Framework Agreement, is working closely with the Government of Iraq to ensure that the current economic challenges affect the ongoing campaign to defeat Bdaash. "

The statement stressed that "sovereign loan guarantee will provide additional support for Iraq as a strategic partner stable, self-reliant United States of America."

[jeepguy]

Sooo hoop. Here comes international recognition!  Morning yota , great article...  Smart phone doesn't read my text too well 😂

[MyLadiesDaddy]

I pray that everyone fully understand powerful ramifications of what they have just read. This is huge news.

[Officiallytook]

next week(s) brings a true rate of exchange for Iraq's people

 

 

[yota691]

Iraq signs loan guarantee worth $ 1 billion agreement with the US

History of edits:: 05/01/2017 12:13 • 151 visits readable

{Baghdad: Euphrates News} signed the Government of Iraq, on Thursday, the loan guarantee agreement with the United States, valued at $ 1 billion, to support the country's important economic reforms.

According to a statement of the embassy and agency {Euphrates News} received a copy of it today, that " the Government of Iraq signed an agreement loan guarantee with the United States, as this signing is the first step in the process that would allow Iraq to a greater opportunity to enter the international capital markets." 
" The contract was signed after the fulfillment of legal requirements and taking into consideration the specific actions, Iraq can move forward to become the beneficiary of a sovereign loan guarantee from the United States." 
He said the embassy statement that " the loan guarantee confirms the enduring commitment of the United States to the people and Government of Iraq in their battle against Daesh criminal gangs, and that the design of loan guarantee to support Iraq financially in his quest Gahd to complete the liberation of Iraq from Daesh and continue the important economic reforms in order to restore growth and prosperity." 
He pointed to " the signing , which took place today is the first step to put the finishing touches to ensure the sovereign loan," Mushir that " The second step is to the formal exchange of diplomatic memoranda between the United States Government and the Government of Iraq , under which included the United States government to pay the amount borrowed and the interest arising the issuance of sovereign financial support by the Government of Iraq , including a total of $ 1 billion , "expected to be" to proceed with the second step of the process in the coming weeks. " 
During the signing ceremony , he stressed Stephanie Williams, Chargé d'affaires of the Embassy of the United States "on the solidarity of the people and the Government of the United States with the people and Government of Iraq by saying , " This money will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to benefit from government services such as education and health care that will enable them to build a promising future brighter. " 
the statement continued that" the loan guarantee agreement shows that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people, under the strategic framework agreement, the Embassy of the United States is working closely with the the Government of Iraq to guarantee that the current economic challenges do not affect the ongoing campaign to defeat Bdaash , "stressing that" the sovereign loan guarantee will provide additional support to Iraq as a strategic partner stable , self - reliant United States of America ".anthy

[skeetdog]

Thanks Yota...This all sounds great...The thing that's got me is Iraq can't go international until the UN releases them from Chapter 7 and  the UN and WTO approves Iraq's compliance of Article 8...Granted Iraq has met the final conditions of Article 8 last week with Kuwait but the UN hasn't released Iraq from Chapter 7 yet to become Article 8 compliant (by the UN and WTO) to make them eligible to trade internationally...

[Wiljor]

24 minutes ago, skeetdog said:

Thanks Yota...This all sounds great...The thing that's got me is Iraq can't go international until the UN releases them from Chapter 7 and  the UN and WTO approves Iraq's compliance of Article 8...Granted Iraq has met the final conditions of Article 8 last week with Kuwait but the UN hasn't released Iraq from Chapter 7 yet to become Article 8 compliant (by the UN and WTO) to make them eligible to trade internationally...

Morning skeet, I believe this announcement will be in the not to distant future. The liberation of Mosul is one of the, if not the final peace of the puzzle imo along with a fully operational electrical grid. Happy New Year to ya brother 

[olivesman]

2 hours ago, ladyGrace'sDaddy said:

I pray that everyone fully understand powerful ramifications of what they have just read. This is huge news.

 

[skeetdog]

....Thanks Wiljor, I had included the electoral policies you've mentioned in your rebuttal but deleted from my post as it seemed to rambal-on to my narrative...I'm glad you mentioned the electrical-grid as I consider this one of the most essential policies that will directly benefit the wellbeing of every Iraqi citizen...We take electrical capabilities for granted and do not appreciate the full ramifications associated with the magnitude this unique source of power contains in the ability to transform the quality of life...Happy New Year to you my Friend, I wish only the best for you and yours....   

[Hikmah]

Why do people and country's borrow money? Because they're broke. I got to say, it bothers me that we're pumping yet another billion dollars into Iraq. I can't see anything good about this at all.

Edited January 5, 2017 by Hikmah

[SgtFuryUSCZ]

***///

ho'bummer gives Iran billions, they get nukes...

ho'bummer gives Iraq billions, they get an RV...

What's not to understand...?

[jcfrag]

46 minutes ago, Hikmah said:

Why do people and country's borrow money? Because they're broke. I got to say, it bothers me that we're pumping yet another billion dollars into Iraq. I can't see anything good about this at all.

This "broke" country has had an ongoing war within its boundaries for well over a decade, ending with the war against ISIS.... But other then that it has so much promise, and on so many levels it's stupid. 12,000 archeological sites on its soil, gold beneath it's sands, sweet earth to be tilled, and of course the oil...... not to mention this is the "cradle of civilization"!! And today we watch as its new leader brings this lost and forgotten wasteland back into the 21st century. It is the current leadership that gives us so much hopium these days. Otherwise, as we witnessed with Maliki, it is like a headless chicken running around in the barnyard..... or running to Iran so they could tell him what to do...

Edited January 5, 2017 by jcfrag

[Boozer]

13 minutes ago, SgtFuryUSCZ said:

***///

ho'bummer gives Iran billions, they get nukes...

ho'bummer gives Iraq billions, they get an RV...

What's not to understand...?

why not just make your currency worth something and not barrow...seems like it would be easer to do this than barrow with interest and payments. Lady's I am dumb 101.  I just don't understand barroe if your going to put a rate to your currency like next month? Thanks and hope your new year brings you Joy  $$$$$$$ sorry small phone BIG fingers

Edited January 5, 2017 by Boozer

[SgtFuryUSCZ]

***///  Right on, JCFRAG !  As long as they can keep Iran outta the mix and keep the OPEC thieves' hands out

of their cookie jar, they should be good !

 ho'bummer & his evil masters want Iraq to be good n' solvent, filthy rich when they unleash their devious plan for Iraq via Iran.

Using Iraq as their own personal piggy bank.

Iraq will turn the tables on 'em with the help of Trump, though... no fear.

[Texstorm]

GM Yota ! And to all my friends at DV. I know that Hikmah has some concerns as do we all. The truth is that Iraq is a war torn nation ! The truth is Iraq has the inground resources to recover ! I believe that Iraq was bought and paid for,  not only from the trillions of dollars it cost the USA but by the loss of  the 5'000 + lives of our American soldiers. At this point the USA is in too deep to just walk away. Iraq sits right dab in the middle of the Middle East ! All one has to do is to open your eyes and know that the Holy war has already began ! The only way that we can hope to have a chance at curtailing Radical Islamic Extremists is to keep a stable region from which to fight them from, another words their very own backyard. If the USA was to say f__k it ! And walk away, some other entity would just walk in and exploit there riches and give these Jihahist all the money that they ever needed and wanted to carry out their evil adjendas. As long as we can keep these extremist groups far away, the World will have to learn how to deal with the Lone Wolf's instead of a whole damn army of these bastard's. 

[Boozer]

3 minutes ago, SgtFuryUSCZ said:

***///  Right on, JCFRAG !  As long as they can keep Iran outta the mix and keep the OPEC thieves' hands out

of their cookie jar, they should be good !

 ho'bummer & his evil masters want Iraq to be good n' solvent, filthy rich when they unleash their devious plan for Iraq via Iran.

Using Iraq as their own personal piggy bank.

Iraq will turn the tables on 'em with the help of Trump, though... no fear.

Right Trump will make this POP like a month old zit .. Soon   we in the money $$$$$$ cant wait till the 20th, Good Bye Ostupid

Edited January 5, 2017 by Boozer

[SgtFuryUSCZ]

3 minutes ago, Boozer said:

why not just make your currency worth something and not barrow...seems like it would be easer to do this than barrow with interest and payments. Lady's I am dumb 101.  I just don't understand barroe if your going to put a rate to your currency like next month? Thanks and hope your new year brings you Joy  $$$$$$$ sorry small phone BIG fingers

***/// They're building credit... big international credit....

Borrow, make the payments, build that International rating for themselves...

proving they are worthy of investment, that they're stable... and can re-pay because they're solvent,

lots of collateral -- oil, etc....

And some to pay off outstanding debts that are keeping them from being released -- Chapter this, Chapter that, Kuwait damages,

their debt to US for helping them with Sadaam...  that sort of thing.....

[Boozer]

1 minute ago, SgtFuryUSCZ said:

***/// They're building credit... big international credit....

Borrow, make the payments, build that International rating for themselves...

proving they are worthy of investment, that they're stable... and can re-pay because they're solvent,

lots of collateral -- oil, etc....

And some to pay off outstanding debts that are keeping them from being released -- Chapter this, Chapter that, Kuwait damages,

their debt to US for helping them with Sadaam...  that sort of thing.....

Thank You...

[SgtFuryUSCZ]

***///  It's our own simplified version, but we think it's pretty close...

Maybe one of the Giant Brains here can put it a bit more technically, but after 2 Bloody Marys here,

what the heck !?   We gave it a shot... and put another shot in the Mary !

[bostonangler]

6 minutes ago, Texstorm said:

GM Yota ! And to all my friends at DV. I know that Hikmah has some concerns as do we all. The truth is that Iraq is a war torn nation ! The truth is Iraq has the inground resources to recover ! I believe that Iraq was bought and paid for,  not only from the trillions of dollars it cost the USA but by the loss of  the 5'000 + lives of our American soldiers. At this point the USA is in too deep to just walk away. Iraq sits right dab in the middle of the Middle East ! All one has to do is to open your eyes and know that the Holy war has already began ! The only way that we can hope to have a chance at curtailing Radical Islamic Extremists is to keep a stable region from which to fight them from, another words their very own backyard. If the USA was to say f__k it ! And walk away, some other entity would just walk in and exploit there riches and give these Jihahist all the money that they ever needed and wanted to carry out their evil adjendas. As long as we can keep these extremist groups far away, the World will have to learn how to deal with the Lone Wolf's instead of a whole damn army of these bastard's. 

I believe Iraq is an exercise is nation building. I would go so far as to say Iraq is the first corporate state. I think in the end Iraq will be owned by the multi-nationals. There is simply too many resources for the greedy not to have control. JMHO

 

B/A 

[Texstorm]

Yes I agree with in that sense but you can't deny that there is a Holy war in progress.

[billbill]

Thanks Yota! Great information coming out of Iraq lately.