The Financial Operations Of: Lifting All The Barriers Imposed On The Central Bank Of Iraq After Its Actions Against Money Laundering

[yota691]

Iraq receives two billion dollars from the International Fund

 

 

 

Number of readings: 61 05/03/2017 11:41

 

A commission of economy and investment parliamentary Alreeta from Iraq near the receipt of two billion dollars from the International Fund, while suggesting that the money reaches of Iraq as a loan from the International Fund to support the Iraqi government in the financial Tjaosalozmh.

The committee member Najiba Najib Najib in a press statement that "Iraq has received in the past period billion and $ 400 million loan from the International Monetary Fund of the total allocated loan to him amounting to five billion and 400 million dollars paid to Iraq in the form of payments for a period of three years."

She added that "Iraq is bound by the Convention, monetary and financial decisions issued by the International Monetary Fund and to provide a detailed report on the funds and financial Tnaqlath and the work of banks to the International Fund."

Najib pointed out that "the coming months will witness Iraq receiving two billion dollars from the International Monetary Fund, saying that" the money comes in support of the Iraqi government to end the financial crisis and to improve the economic situation in Iraq. "

[YukonJohn]

GM Yota and thanks for your diligence bringing the news to us.

It's fairly apparent that the IMF has no doubts whatsoever Iraq will have the ability to make repayment on these sizeable loans

Let's have it Iraq, bring on that RV!!!

 

[olivesman]

end the financial crisis

 

I'm ready.

[eburt]

Again here we go Iraq is getting more loans......Maybe I'm mising something here but is Iraq paying theses loans back under the table?  They been getting loans now for at least the last 4 to 6 years from IMF, and other countries like USA, China, and etc....Yet there currency is still worthless....Not trying to be negitive but not understanding all these LOANS and NO RV any time sooon...

[Grammiedinar]

Someone please help me.    Are we going in the right direction here.    I had a warm fuzzy feeling just a couple of weeks ago, now I feel emotionally used.  Is this evening going to happen anytime in the near future,.  I won't use the word "SOON"

 

[10 YEARS LATER]

53 minutes ago, Grammiedinar said:

Someone please help me.    Are we going in the right direction here.    I had a warm fuzzy feeling just a couple of weeks ago, now I feel emotionally used.  Is this evening going to happen anytime in the near future,.  I won't use the word "SOON"

 

 

I've been in this for 14 years - it's part and parcel the way U feel due to the peaks & valleys of the roller coaster ride your on. Some days it's elation, other days total despair with lots of room for mixed emotions in between.

It ain't the easy some days dealing with these monkeys 🐒 

[King Bean]

      ....and the beat goes on. And on. And on. And on.... 

 

[Officiallytook]

All this $$$$$$$$$$

Where is your people's????

[SherryB]

Quote

This is the second payment of 5 billion 400 million loan to be paid to Iraq over a  3 year period.  So the 2 billion remaining to be paid in 2018 I would think, and hopefully their financial crisis will have ended and their economic situation significantly improved by then or sooner!   I think this is a positive.

 

[WheresmyRV?]

Just more money for their corrupt politicians to steal, I'm starting to really wonder if this will ever happen

 

[BUSHMAN]

OK WHY ARE THEY TRYING TO RISE THERE DEPT AGAIN WHY

[ChuckFinley]

At what point does someone say enough is enough and make Iraq stand on it's own two feet instead of throwing money at them. 

[10 YEARS LATER]

18 minutes ago, ChuckFinley said:

At what point does someone say enough is enough and make Iraq stand on it's own two feet instead of throwing money at them. 

 

Apparently that time has not yet arrived CF . . . to date Iraq has shown itself to be a Great Big Fat $$$$$ Money Pit $$$$$ that the IMF, WB and anyone else for that matter who thinks by throwing GOBS of  at Iraq, they hope to garner future favors.

These are bribes under the heading of " LOANS " - We call it a bribe; Arabs call it paying to get it done. " Greasing the Palm "  - It is what it is, in that part of the world.

[Theseus]

11 hours ago, eburt said:

Again here we go Iraq is getting more loans......Maybe I'm mising something here but is Iraq paying theses loans back under the table?  They been getting loans now for at least the last 4 to 6 years from IMF, and other countries like USA, China, and etc....Yet there currency is still worthless....Not trying to be negitive but not understanding all these LOANS and NO RV any time sooon...

Iraq secured a previous loans that was to be given out by the IMF when Iraq hits certain benchmarks per the 2016 SBA. These aren't new loans as Abadi has said he will not take any more new loans. This is part of loans already secured and we have already read about them. Because Iraq is just now receiving them makes you to believe they are new. 

[WheresmyRV?]

Thanks thesus for clearing this up

[sandfly]

Thanks 

[yota691]

Parliamentary economy: near Iraq receiving two billion dollars from the International Fund

Last updated: 3 May 2017 - 13:20

 Baghdad / News Network Iraq revealed to the Committee on Economy and Investment parliamentary Wednesday, close receipt of Iraq's two billion dollars from the International Fund, while suggesting that the money reaches of Iraq as a loan from the International Fund to support the Iraqi government in Tjaosalozmh Almalah.oukalt committee member Najiba Najib Najib in a press statement today: "Iraq has received in the past period billion and $ 400 million loan from the international monetary Fund of the total allocated loan to him amounting to five billion and 400 million dollars paid to Iraq in the form of payments for a period of three years." She added that "Iraq is bound by the Convention monetary and financial decisions Issued by the International Monetary Fund and to provide a detailed report on the funds and financial Tnaqlath and the work of banks to the International Fund ".wachart Najib that" the coming months will see the receipt of Iraq's two billion dollars from the International Monetary Fund, saying that "the money comes in support of the Iraqi government to end the financial crisis and improve economic situation in Iraq. 

[yota691]

15 hours ago, WheresmyRV? said:

 

Just more money for their corrupt politicians to steal,

 

Again the corrupt politicians will never see a dime of this..This money has over sight and audit procedures to the moon and back... 

[Theseus]

18 hours ago, Theseus said:

Iraq secured a previous loans that was to be given out by the IMF when Iraq hits certain benchmarks per the 2016 SBA. These aren't new loans as Abadi has said he will not take any more new loans. This is part of loans already secured and we have already read about them. Because Iraq is just now receiving them makes you to believe they are new. 

"Iraq has received in the past period billion and $ 400 million loan from the international monetary Fund of the total allocated loan to him amounting to five billion and 400 million dollars paid to Iraq in the form of payments for a period of three years."

Translation:

• Iraq secured a loan from the IMF for the total amount of 5.4 billion.
• These funds will be paid over a period of 3 years.
• Iraq has received 1.4 billion in funds from IMF until this point.
• Funds they just received is nearly 2 billion.
• The total outstanding due to Iraq is nearly 2 billion in the remaining two years.

Edited May 4, 2017 by Theseus

[USMCVET]

Oil.

[yota691]

Iraq receives a grant from the World Bank worth $ 41 million

May 4, 2017 | 17:51 | Views: 6 View

 

 

 

Forty-one million dollars is the European loan value of the Ministry of Finance, this money will go according to those who made it to the reform and modernization of economic management and the investment process in the country.

 

In this context, Abdul Razzaq al-Issa said, the Minister of Finance Agency, said: "The loan value of forty-one and 500 million dollars, to the process of modernizing the Ministry of Finance Management and the process of investment management between the Ministry of Finance and Planning, as well as there will be a grant from the European countries to the process of Iraq's development."

Officials at the World Bank, confirmed that the funds are protected and deposited in the Ministry of Finance for direct disbursement.

 

For his part, Repair wear quality PU, the Special Representative of the World Bank mission in Iraq, "This project will put the funds disposal of the Ministry of Finance confirmed there will be tenders for the purchase of services and modernization of systems."

Experts believe that the economic reforms will contribute to creating a magnet for foreign investment factors, which will expand the country's productive base and alleviate the burden on the public budget.

[yota691]

On 5/3/2017 at 4:36 PM, WheresmyRV? said:

Just more money for their corrupt politicians to steal

 

Just now, yota691 said:

Officials at the World Bank, confirmed that the funds are protected and deposited in the Ministry of Finance for direct disbursement.

 

[MyLadiesDaddy]

 Soon

[yota691]

06/05/2017 (00:01 pm)   -   Number of readings: 337   -   Issue (3915)

 

 

Grants and loans to Iraq from the IMF more than $ 3 billion

 Baghdad / Zahraa Al-Jassem 
 

 

Financial Advisor to the Prime Minister , Dr. said. The appearance of Mohammed Saleh, that Iraq , according to the recent talks with the International Monetary Fund in Washington , the second review of the program to prepare the credit, will receive grants and soft loans of more than $ 3 billion during the year 2017, to support the budget and reconstruction and investment projects in infrastructure, as explained IMF In turn , the agreement aims to restore balance to the account of public finance and external account and improving public financial management while protecting social spending for Iraq. 
A senior Iraqi delegation had recently discussed in Washington with the IMF team headed by Christian Josh head of the IMF Mission for Iraq, the second review of the program to prepare the credit (SBA) between Iraq and the International Monetary Fund in the spring meetings of the IMF and the World Bank agenda. 
Josh said in an interview (term) The Iraqi authorities have held discussions with the International Monetary Fund experts from 21 to 25 April 2017, on the second revision of the agreement to prepare credit amounting to a 36 - month, which was approved by the IMF Executive Board on July 7 2016 pointing that this agreement is aimed at restoring balance to public finances and the external account account and improving public financial management while protecting social spending for Iraq. 
The head of the IMF mission had between in an interview earlier (range) that Iraq can assume its debts if the Iraqi authorities carried out the agreed financial correction with the IMF under the standby credit agreement, and the future readiness of credit program with the fund if exposed oil prices to a significant improvement in serving the deficit, he noted that under the current outlook for oil prices, we believe that it should follow the approach of the financial correction that combines ambition and viability, in order to bridge the gap with the end of this decade (2020), and if oil prices rose largely no longer with the need for international financial support international Monetary Fund wa Other Donors, leaving the decision of the Iraqi government regarding the continued implementation of the standby credit agreement with the Fund. 
Financial Advisor to Dr. Ebadi. The appearance of Mohammed Saleh, in turn , between the modern (range): two important issues we are working on them at the level of readiness credit program with the International Monetary Fund, the first ability to continue and develop the energy sector in a complex market conditions experienced severe crises, and the other is the prudent financial management that has enabled the country from financing her ordeal exceeded the oil revenues degradation, as well as large expenditures in the budget, which contributed to crush terrorism and liberation of man and the earth, and finally the success of the price system and the stability of the general price level and the ability to offset that conservation on the safe level of international reserves for Iraq. 
He adds Saleh, the World Bank also promised to continue to support various funding programs for the advancement of infrastructure and reconstruction within the loan program or funds so - called development program, both senior World Bank itself resources or contributions from donor countries, particularly the Group of Seven industrialized countries, noting: that consultations with the international Monetary Fund, the World Bank held in Washington, was to get under which Iraq grants and soft loans of more than $ 3 billion this year, to support the budget and reconstruction and investment projects in the infrastructure, we have discussed with the Fund for the team Has international headed by Christian Josh director of the negotiating team for the fund, the second review of the program to prepare the credit ((SBA between Iraq and the International Monetary Fund, as part of the spring meetings of the IMF and the World Bank agenda. 
To that Iraq took the day before yesterday, a grant from the World Bank worth $ 41 million , while confirming that the Ministry of Finance, that the money would go , according to those who made it to the reform and modernization of economic management and the investment process in the country. 
and sees interested in economic affairs, that the economic reforms will contribute to creating attracting foreign investment factors, which will expand Fashio base Productivity and alleviate the burden on the public budget.

[ChuckFinley]

At least it went right to the CBI.