Abadi Office: America will support Iraq through the International Monetary Fund and the World Bank

[Texstorm]

The bottom line is that it's time for Iraq to pay for their sovernty ! President Trump will negotiate a plan for their existence because without our help ISIS will besiege them. The deal with Iraq will be fair considered the alternative. I swear by the blood of our American soldiers that their passing will be for not !

[yota691]

Official statement from the IMF Web site...

The statement issued at the conclusion of the IMF mission on Iraq

17 March 2017

Iraqi authorities and experts of the International Monetary Fund held (IMF) discussions in Amman during the period from 5 to March 17 / March 2017 on Article IV of the 2017 consultations, and the second revision of the agreement to prepare the credit (SBA) with Iraq, amounting to a 36 - month, which was approved by the Executive Board of the international Monetary Fund on July 7, 2016 (see press release No. 16/321 statement ). It aims to prepare the credit agreement to correct the balance of public finances and the balance of the external position, and improving public financial management, while protecting social spending. It was the first complete review under the Stand -By Agreement on 5 December / December 2016 (see Press Release No. 16/540 statement ).

Mr. Christian nut has been made head of the IMF mission to Iraq the following statement:

"Harmed Iraq affected severely due to the conflict with al Daesh, and the sharp drop in world oil prices, since 2014. The government has responded to the fiscal crisis, and the crisis in the balance of payments, large corrects Mali, but necessary, supported by financial assistance from the international community. In 2016 , the real growth of the gross domestic product by 11%, supported by a substantial increase in oil production, which benefited from previous oil investments continued. However, non-oil economy has shrunk by 8% due to the conflict and fiscal adjustment. in 2017, it is expected to remain activity economic dimmed due to reduced oil production by 1.5% under the agreement reached by the Organization of petroleum exporting countries (OPEC), and the modest recovery of the non-oil sector. "

"The sharp decline in oil prices, down Total international reserves of Iraq, from 53.7 billion US dollars has caused the end of 2015 to a level still comfortable, of $ 46.5 billion, at the end of December / December 2016 remains the pressures on public finances, including large , with the government deficit remains at a level of 12% of GDP in 2016, due to continued weakness in oil prices, high humanitarian and security spending. the total public debt rose from 32% to 64% of GDP in the period 2014-2016. slowed credit growth and rising bad loans at state-owned banks and private banks significantly in 2016. "

"Maintained authorities on the exchange rate peg, which is an important par substrate. The remaining growth prospects in the medium term modest because of the expected oil production constant, and the stability of its investment in the face of constraints on revenues, and the recovery modest in the non-oil growth, supported by the improvement expected in the security situation, and the implementation of reforms structural. there is a need for more reforms to create fiscal space inclusive growth, and enhance the business environment, reduce corruption, and reform of the banking sector to support growth led by the private sector, and diversification in the economy, once the reconstruction process starts in the post-regulation Daesh. the remaining risk high; this stems mainly from uncertainty surrounding the prospects for oil prices, the security situation and political uncertainty, and a citizen of management weaknesses. "

"Iraqi authorities and experts of the International Monetary Fund began discussions on the second revision of the standby credit agreement. These discussions will continue during the coming spring meetings of the International Monetary Fund and the World Bank in the period between April 21 to 23, 2017 in Washington, DC."

"I met with the team during the mission with the Minister of Finance Acting Prof. Dr. Abdul Razak A. Jalil Issa, the Governor of the Central Bank of Iraq by proxy, Mr. Ali Mohsen Ismail Keywords, and consultant Dr. premier appearance in favor, and officials from the Ministry of Finance, the Ministry of Oil and the Ministry of Planning, and the Oil Marketing Company (SOMO), the Central Bureau of Statistics, the Iraqi Central Bank, and representatives of the Kurdistan Regional Government, and the Office of financial supervision. wishes to fund a group of experts that Aaburan thanked the Iraqi authorities for their cooperation and to make this an open and fruitful talks. "

Communication management, the International Monetary Fund

Department of Media Relations

OFFICIAL PRESS AFFAIRS:

 

[yota691]

Abadi economic adviser confirms the success of Iraq's talks with the International Monetary Fund in Amman

economy

 Since 17/03/2017 17:09 pm (Baghdad time)

BAGHDAD - balances News

Refuted the Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, recent allegations concerning the meetings of the International Monetary Fund failed with Iraq, held in Amman, Jordan, stressing that the program with the IMF is going normally and typically very successful.

Saleh said in a statement received / balances News /, a copy of "personally attended an important aspect of the second revision of the standby credit with the International Monetary Fund Agreement consultations," noting that "the results have been very successful, and the International Monetary Fund will issue a final statement in this regard."

He added that "the fund request clarification on some of the wider statistical data and facts relating to digital public expenditure and revenue, and be presented at the end of next April."

Saleh continued, "The Fund praised the Iraqi government's ability to confront terrorism and Aldaasha impressive victories achieved under exceptional economic circumstances," stressing that "the program with the IMF is going normally and typically very successful."

And that "Aldaasha fifth column is touting it to find a crack in the international relations of Iraq, a psychological and media war because of victories in Mosul," .onthy 29/1's

[yota691]

IMF: Iraq's debt rising 64% for credit growth has slowed

economy

 Since 03.18.2017 at 09:06 (Baghdad time)

Baghdad balances News

The International Monetary Fund, all of Iraq's debt rising from 32% to 64% of GDP in the period from 2014 to 2016, pointing to a slowdown in credit growth and rising non-performing loans at state banks in 2016.

And it held the Iraqi authorities and experts of the International Monetary Fund (IMF) discussions in Amman during the period from 5 to 17 March 2017 on Article IV of the 2017 consultations, and the second revision of the agreement to prepare the credit (SBA) with Iraq, amounting to a 36-month, which was approved by the Executive Board international Monetary Fund in the July 7, 2016.

It aims to prepare the credit agreement to correct the balance of public finances and the balance of the external position, and improving public financial management, while protecting social spending. It was the first complete review under the Stand-By Agreement on 5 December 2016.

The head of the IMF mission to Iraq Christian coconut in a statement received / balances News / copy of it, "Iraq suffer severely affected due to the conflict with al Daesh, and the sharp drop in world oil prices since 2014".

He coconut, "The government has responded to the fiscal crisis, and the crisis in the balance of payments, large corrects Mali, but necessary, supported by financial assistance from the international community. In 2016, he continued real growth of gross domestic product by 11%, supported by a substantial increase in oil production, which benefited from previous oil investments. "

He continued, "With this, it has squeezed the non-oil economy by 8% due to the conflict and fiscal adjustment. In 2017, it is expected to remain the economic activity muted due to reduced oil production by 1.5% under the agreement reached by the Organization of Petroleum Exporting Countries (OPEC ), and the modest recovery of the non-oil sector. "

He pointed out that "caused a sharp drop in the price of oil down the total international reserves of Iraq from US $ 53.7 billion at the end of 2015 to a level still comfortable, of $ 46.5 billion, at the end of December 2016".

And the head of the mission, that "the pressures faced by the public finances remain substantial, with the government deficit remains at a level of 12% of GDP in 2016, due to continued weakness in oil prices, high humanitarian and security spending."

He pointed nut, that "an increase in total public debt from 32% to 64% of GDP in the period 2014-2016, in addition to slow credit growth and rising bad loans at state-owned and private banks are large banks in 2016".

However, to say: "Keep the authorities on the exchange rate peg, which is an important par pillar," persisting "growth prospects remain over the medium term modest because of the expected oil production constant, and the stability of its investment in the face of constraints on revenues, and the recovery modest in the non-oil growth, supported by improvements expected in the security situation and the implementation of structural reforms. "

And it went on, "There is a need for more reforms to create fiscal space inclusive growth, and enhance the business environment, reduce corruption, and reform of the banking sector to support growth led by the private sector, and diversification in the economy, once the reconstruction process starts in the post-regulation Daesh" .

He explained that "the risks remain high; This stems mainly from uncertainty surrounding the prospects for oil prices, the security situation and political uncertainty, and a citizen of management weaknesses."

He continued, "The Iraqi authorities and experts of the International Monetary Fund began discussions on the second review of the agreement to prepare the credit," explaining that "discussions will continue during the coming spring meetings of the International Monetary Fund and the World Bank in the period between April 21 to 23, 2017 in Washington, DC" .anthy 29 / A 43

[yota691]

18-03-2017 12:17 PM

International Monetary reveals low reserves of hard currency from Iraq

 

 

 

Announced the head of the IMF Mission for Iraq 's Christian nut, a reduction of Iraq 's reserves of hard currency and rising public debt, which reached 64% between 2014 and 2016, as well as non - performing loans at state - owned banks, while noting maintain the stability of the dollar exchange rate, It predicted that growth prospects remain modest over the medium term in this country. 

That came during a fund consultations with the IAEA Drives any special management of small business US second review of the Stand -By agreement of Iraq's duration of 36 months. 

He said nut in a statement, said Iraq was severely damaged due to the conflict with al Daesh terrorist, and the sharp drop in world oil prices since 2014, adding that the Iraqi government responded to the financial crisis and the crisis of the balance of payments, large corrects Mali, but necessary, supported by financial assistance from the community international, and in 2016, continued real GDP growth of 11%, supported by a substantial increase in oil production , which benefited from previous oil investments but nevertheless, the non - oil economy has shrunk by 8% due to the conflict and fiscal adjustment. 

Coconut He noted that the fund is expected to remain the economic activity muted due to reduced oil production by 1.5% under the agreement reached by the Organization of Petroleum Exporting Countries ( OPEC ) , and the recovery is modest non - oil sector, noting that ' the sharp drop in oil prices caused lower gross international reserves of Iraq from 53.7 billion US dollars at the end of 2015 to a level still comfortable, of $ 46.5 billion, at the end of December 2016. 

He said the pressures faced by the large public finances will remain, with the government deficit remains at a level of 12% of GDP in in 2016, due to continued weakness in oil prices, high humanitarian and security spending, noting that the pressure will continue with an increase in total public debt from 32% to 64% of GDP in the period from 2014 to 2016, and slowed credit growth and rising bad loans at state - owned banks and banks dramatically own in 2016, but the Iraqi government has maintained the Iraqi currency exchange rate stable , which is an important pillar of par, according to the text of the statement. 

He coconut that ' the outlook for growth in the medium term will remain modest because of the expected oil production constant, and the stability of its investment in the face of constraints on revenues, and the recovery modest in the non - oil growth, supported by the improvement expected in the security situation and the implementation of structural reforms, and there is a need for more reforms to create fiscal space inclusive growth, and enhance the business environment, reduce corruption, and reform of the banking sector to support growth led by the private sector, and diversification in the economy, once launched the reconstruction process in post - regulation Daesh, and the remaining risks are high; this stems mainly from uncertainty Ocean prospect of oil prices, the security situation and political uncertainty, and a citizen of administrative weakness. 

Iraqi authorities and experts of the International Monetary Fund began discussions on the second review of the Stand -By agreement, and will continue these discussions in the coming spring meetings of the International Monetary Fund and the World Bank in the period between April 21 to 23, 2017 in Washington , DC. 

It aims to prepare the credit agreement to correct the fiscal balance and the balance of the external position, and improving public financial management, while protecting social spending, with the first review to complete under the standby credit agreement on 5 December 2016 

and recognizes Iraq 's second installment of the loan and the value of 617.8 million dollars, which It comes to address the urgent needs of the balance of payments. 

The IMF Executive Board has approved in July 2016 to prepare the credit agreement's $ 5.34 billion US dollars within the Iraqi economic reform program.

[yota691]

Abadi adviser denies meetings of the International Monetary Fund failed Meeting held in Amman

 

 

Economy News / Baghdad ...       Financial Advisor to the Prime Minister Dr. denied the appearance of Mohammed Saleh, the news that talk about the meetings of the International Monetary Fund failed Meeting held in Amman. Saleh said in a statement received "Economy News" Personally, I attended an important aspect of the second revision of the standby credit agreement consultations with the International Monetary Fund and the results have been very successful fund and will issue a final statement in this regard and there is some statistical data and digital facts regarding the expenditure of public revenue lost Fund Notes broader request will be presented at the end of next April. He said in the statement, that the Fund praised the Iraqi government's ability in the face of terrorism and Aldaasha impressive victories achieved under exceptional economic circumstances .oan program with the IMF is going normally and typically very successful. Noting that the fifth column Aldaasha is touting it to find a crack in the international relations of Iraq, a media and psychological war because of victories in Mosul.       mm
Views 57   Date Added 17/03/2017 - 17:25   Last updated 18/03/2017 - 13:51   No. Content 6919

[yota691]

The International Monetary Fund expects limited growth of Iraq's economy in 2017

 

 

 

economic  Number of Views: 20 03/18/2017 14:08

 

The International Monetary Fund predicted on Saturday, limited the growth of the Iraqi economy for the current year, mainly because of the commitment agreement "OPEC" to reduce the membership of the Organization of crude oil production. 

The IMF said in a statement following the visit carried out by the Mission follow him to the capital , Amman, to remain Activity Iraqi economy limited in 2017 due to reduced oil production by 1.5% under the agreement reached by the Organization of Petroleum Exporting Countries {OPEC}, and the recovery is modest non - oil sector. 

It agreed "OPEC" in the November / November , 2016 to reduce the total output by 1.2 million barrels a day, starting from January / December 2017 a second, to restore the balance between supply and demand, thereby improving oil prices. 

He agreed Iraq - the second largest producer in the Organization - to cut production at a rate of 210 thousand barrels per day. 

Fund pointed out that the real growth of the gross domestic product of Iraq was 11% in 2016, supported by a substantial increase in oil production , which benefited from previous oil investments. 

The Economic Observatory for the Middle East and North Africa of the World Bank, had expected to recover Iraq 's economy to grow 7.2% in 2016.

And exposed Iraqi macroeconomic risks related to the global environment and social and political developments and Daesh. 

The decline in the pace of global economic growth , or the continued abundance of the global supply of oil, could create downward pressure on crude prices, and thus result in new pressures on public finances and the external account deficit. 

The Iraqi government and the experts of the International Monetary Fund and the discussions were held in Amman , Jordan, during theperiod from 5 to March 17 / March of this, Article IV of 2017, and the second revision of the standby credit agreement with Iraq. 

It aims to prepare the credit agreement, to correct the balance of public finances and the balance of the external position, and improving public financial management, while protecting social spending.

Fund confirmed, that Iraq was hit by Daesh gangs, and the sharp drop in world oil prices, the government has responded to the crisis of public finances and balance of payments crisis, a large corrects Mali, but necessary, supported by financial assistance from the international community.

The head of the IMF mission to Iraq Christian nut, said the sharp drop in oil prices caused lower gross international reserves of Iraq of 53.7 billion US dollars at the end of 2015 to a level still comfortable, of $ 46.5 billion, at the end of December / December 2016. 

He added that Total public debt rose from 32% to 64% of GDP in the period 2014-2016, "and slowed credit growth and rising non -performing loans has largely state - owned banks and private banks in 2016". 

It pointed out the need for further reforms to create fiscal space inclusive growth, and enhance the business environment, reduce corruption, and reform of the banking sector to support growth led by the private sector, and diversification in the economy. 

The Iraqi government and the experts of the International Monetary Fund and begin discussions on the second revision of the standby credit agreement. 

These discussions will continue during the coming spring meetings of the International Monetary Fund and the World Bank in the period between April 21 to 23 / April next, in Washington , DC

Iraq won the International Monetary Fund in May / May 2016, an agreement after several days of meetings held in the Jordanian capital, to grant Iraq a financial loan of 5.3 billion dollars with an interest rate of up to 1.5%. 

Iraq and received an initial installment worth $ 634 million in July / June.

[SnowGlobe7]

14 hours ago, Texstorm said:

The bottom line is that it's time for Iraq to pay for their sovernty ! President Trump will negotiate a plan for their existence because without our help ISIS will besiege them. The deal with Iraq will be fair considered the alternative. I swear by the blood of our American soldiers that their passing will be for not !

 “Hooah”, “Oorah”, and  “Hooyah

[yota691]

Monetary Fund issued a special anticipation economy , Iraq

57 minutes ago

 

 

Twilight News / International Monetary Fund on Saturday, limited the growth of the Iraqi economy for the current year, mainly because of the commitment agreement "OPEC" to reduce the membership of the Organization of crude oil production. 

The IMF said in a statement following the visit carried out by the Mission follow him to the capital , Amman, to remain Activity Iraqi economy limited in 2017 due to reduced oil production by 1.5% under the agreement reached by the Organization of Petroleum Exporting Countries (OPEC), and the recovery is modest non - oil sector. 

It agreed "OPEC" in the November / November , 2016 to reduce the total output by 1.2 million barrels a day, starting from January / December 2017 a second, to restore the balance between supply and demand, thereby improving oil prices. 

He agreed Iraq - the second largest producer in the Organization - to cut production at a rate of 210 thousand barrels per day. 

Fund pointed out that the real growth of the gross domestic product of Iraq was 11% in 2016, supported by a substantial increase in oil production , which benefited from previous oil investments. 

The Economic Observatory for the Middle East and North Africa of the World Bank, had expected to recover Iraq 's economy to grow 7.2% in 2016 

and is under the overall Iraqi economy, risks related to the global environment and social and political developments and Daesh. 

The decline in the pace of global economic growth , or the continued abundance of the global supply of oil, could create downward pressure on crude prices, Aadabaltala new pressures on public finances and the external account deficit. 

And it held the Iraqi authorities and experts of the International Monetary Fund discussions in Amman , Jordan, during the period from 5 to March 17 / March of this, Article IV of 2017, and the second revision of the standby credit agreement with Iraq. 

It aims to prepare the credit agreement, to correct the balance of public finances and the balance of the external position, and improving public financial management, while protecting social spending. 

Fund confirmed, that Iraq was damaged due to the conflict with al Daesh, and the sharp drop in world oil prices, the government has responded to the crisis of public finances and balance of payments crisis, a large corrects Mali, but necessary, supported by financial assistance from the international community. 

The head of the IMF mission to Iraq Christian nut, said the sharp drop in oil prices caused lower gross international reserves of Iraq of 53.7 billion US dollars at the end of 2015 to a level still comfortable, of $ 46.5 billion, at the end of December / December 2016. 

He added that Total public debt rose from 32% to 64% of GDP in the period 2014-2016, "and slowed credit growth and rising non - performing loans has largely state - owned banks and private banks in 2016". 

It pointed out the need for further reforms to create fiscal space inclusive growth, and enhance the business environment, reduce corruption, and reform of the banking sector to support growth led by the private sector, and diversification in the economy. 

The start of the Iraqi authorities and experts of the International Monetary Fund discussions on the second revision of the standby credit agreement. 

And will continue these discussions in the coming spring meetings of the International Monetary Fund and the World Bank in the period between April 21 to 23 / April next, in Washington , DC 

and concluded Iraq and the International Monetary Fund in May / May 2016, an agreement after meeting for several days held in the Jordanian capital, to grant Iraq financial loan of 5.3 billion dollars with an interest rate of up to 1.5%. 

Iraq and received an initial installment worth $ 634 million in July / June. 

     

 

 

[SnowGlobe7]

they are going to CUT oil production? 

[SnowGlobe7]

4 minutes ago, yota691 said:

He agreed Iraq - the second largest producer in the Organization - to cut production at a rate of 210 thousand barrels per day. 

 

[WaitIsOver]

T-Minus 3 Days

Time for critical thinking.

I pray that God Almighty leads you forward and protects you by His grace. Jesus Christ is Lord. The Holy Spirit is here to guide,  anyone who wants to follow post rv. The Lord said "TRY ME". Ask anything with your heart and you WILL praise Him for HIS answering back. We are in unusual times where unusual things take place. The safest and most precious place of Peace and Prosperity is in the SECRET MOUNTAIN OF THE LORD. PRAY , PRAY, PRAY, & DANCE AND PRAISE FOR THE LORD YESHUAH. PEACE. 

[DWS112]

IMF: Iraq is still a comfortable reserve while declining  March 2017 18

The International Monetary Fund, for the decline in the total international reserves of Iraq from $ 53.7 billion to $ 46.5 billion, pointing to the reserve is still comfortable.
The fund said in a statement seen by "Parents", that "the sharp decline in oil prices caused lower gross international reserves of Iraq of 53.7 billion US dollars at the end of 2015 to a level still comfortable, of $ 46.5 billion, at the end of December / December 2016 ".
The statement added that "the pressures on public finances which remain substantial, with the government deficit remains at a level of 12% of GDP in 2016, due to continued weakness in oil prices, high humanitarian and security spending."
Fund pointed to "an increase in total public debt from 32% to 64% of GDP in the period 2014-2016. And slowed credit growth and rising bad loans at state-owned and private banks are large banks in 2016 ".

[yota691]

IMF praises the cooperation of Iraq

 

3/19/2017 0:00      Baghdad / follow - up to the morning of the  Iraqi authorities and experts of the International Monetary Fund held discussions in Amman during the period from 5 to 17 March 2017 on Article IV of the 2017 consultations, and the second revision of the agreement to prepare the credit (SBA) with Iraq, amounting to a 36 - month, which was approved by Executive Board of the international Monetary Fund on July 7 2016.  It aims to prepare the credit agreement to correct the balance of public finances and the balance of the external position, and improving public financial management, while protecting social spending. It was the first revision to complete under the standby credit agreement on 5 December 2016.oukd Mr. Christian coconut head of the IMF mission for Iraq made the following statement:  "harmed Iraq severely affected by the conflict with the organization" Daesh ", and thesharp drop in world oil prices since 2014 . the government has responded to the fiscal crisis, and the crisis in the balance of payments, large corrects Mali, but necessary, supported by financial assistance from the international community. in 2016, real GDP continued to grow by 11 percent, supported by a substantial increase in oil production , which benefited from oil investments earlier. However, the non - oil economy shrank by 8 percent due to the conflict and fiscal adjustment. In 2017, it is expected to remain the economic activity muted due to reduced oil production by 1.5 percent under the agreement reached by the Organization of petroleum exporting countries (OPEC), The modest recovery of the non - oil sector. "  " The sharp decline in oil prices , down Total international reserves of Iraq , from 53.7 billion US dollars has caused the end of 2015 to a level still comfortable, of $ 46.5 billion, at the end of December 2016, it remains the pressures facing large public financial ones, with government deficit remains at a level of 12 percent of GDP in 2016, due to continued weakness in oil prices, high humanitarian and security spending. the total public debt rose from 32 percent to 64 percent of GDP in the period 2014-2016. slowed credit growth and increased non - performing loans at state - owned and private banks dramatically in 2016 the banks. "" kept the authorities on the exchange rate peg, a nominal substrate task. the remaining growth prospects in the medium term modest because of the expected oil production constant, and the stability of its investment in theface of restrictions on revenue, the recovery is modest in the non - oil growth, supported by the improvement expected in the security situation and the implementation ofstructural reforms. there is a need for more reforms to create fiscal space inclusive growth, and enhance the business environment, reduce corruption, and reform of thebanking sector to support growth led by the private sector, and diversification in economy, once the reconstruction process starts in the post - regulation "Daesh." The risks remain high; and this is the basis stems from the uncertainty surrounding the prospects for oil prices, the security situation and political uncertainty, and a citizen of administrative weakness. "" The Iraqi government and the experts of the International Monetary Fund began discussions on the second review of the agreement to prepare the credit, and will continue these discussions in the coming spring meetings of the International Monetary Fund and the World Bank in the period between April 21 to 23/2017 in Washington , DC. "" The team met during the mission with Acting Finance Minister Dr. Abdul Razzaq al- Jalil Issa, the Governor of the Central Bank of Iraq acting d. Ali Mohsen Ismail Keywords, and consultant Dr. prime minister appearance of Mohammed Saleh, officials of the Ministry of Finance, the Ministry of Oil and the Ministry of Planning, and the Oil Marketing Company (SOMO), and the device Central Bureau of Statistics, the Iraqi Central Bank, and representatives of the Kurdistan Regional Government, and the Office of Financial Supervision. IMF staff team would like to Aaburan thanked the Iraqi authorities for their cooperation and to make this an open and fruitful talks. "

[yota691]

Parliamentary economy: government and private banks to suffer from loan recovery

 

 

Economy News / Baghdad ...       Committee of economy and investment representative confirmed that the government and private banks suffer from the recovery of loans granted to citizens and investors, supported with a report from the World Bank for Iraq's debt rising by 64%. Said committee member Nora Salem Albjara in a press statement, that what came of the report of the International Monetary true, given what ails government and private banks of the difficulty in recovering the loans, whether citizens or investors, indicating that government debt has recently increased due to the ongoing battles against Daesh There fear of lack of Iraq is unable to fulfill its obligations to pay the debt because of lower oil prices. She added: lack of government policy to take advantage of the loans granted in the activation of developmental projects energies and attention to youth and the elimination of unemployment. It is said that the International Monetary Fund announced that Iraq's debt rising from 32% to 64% of GDP in the period from 2014 to 2016, pointing to a slowdown in credit growth and rising non-performing loans at state banks in 2016.
Views 2   Date Added 03/20/2017 - 12:21   Last updated 03/20/2017 - 12:23   No. Content 6946

[Mask Phantom]

I concur. ..make it happen. 

[yota691]

Abadi, a delegation of the World Bank: We do not want to link Iraq's long-term loans

 

Monday, 20 March 2017 19:47

 

 

 

Alsumaria News / Baghdad He stressed Prime Minister Haider al-Abadi, on Monday, that his government does not want to link Iraq with loans far-reaching, pointing out that it is seeking to create jobs and develop the country's capabilities in many areas, while a delegation from the World Bank showed the latter is ready to help Iraq in the financial crisis.     Ebadi said the Office in a statement received Alsumaria News, a copy of which, "The Prime Minister received at his residence in Washington today the World Bank delegation," noting that "the delegation affirmed its support for Iraq in the financial crisis and help Iraq create jobs and training and development of human potential."   He pointed Abadi, according to the statement, to the "importance of the World Bank's support for Iraq at this stage and we do not want to link Iraq's long-term loans, but to create jobs and develop our capabilities in many areas to serve the country and our citizens."   The Abadi's office announced, on Sunday, for the latter went to the United States, an official at the invitation of US President Donald Trump, noting that al-Abadi will meet with administration officials and members of Congress and the Senate, it will be attended by foreign international coalition ministers meeting against al "Daesh."

[yota691]

Ebadi receives World Bank delegation in Washington

Political scene  Monday , 20 March 2017 time 20:00 pm (608 views)

Ebadi receives World Bank delegation in Washington

 

 

BAGHDAD / Sky Press:

 

Prime Minister Haider al-Abadi, received Monday, at his residence in Washington on Monday, the World Bank delegation.

The press office said in a statement received "Sky Press," that "Abadi met with World Bank delegation in Washington," Msheeraaly "The delegation reaffirmed his support for Iraq in its crisis and financial help Iraq create jobs and training and development of human potential."

The statement added that "al-Abadi Hddalyahmah World Bank support for Iraq at this stage and we do not want to link Iraq's long-term loans, but to create jobs and develop our capabilities in many areas to serve the country and our citizens."

[yota691]

IMF reiterates support for "reforms" the Government of Abadi and the latter is the correct economic tracks "wrong"

 

Monday, 20 March 2017 20:16

 

 

Alsumaria News / Baghdad Promised Prime Minister Haider al-Abadi, on Monday, down his government in "its reform program" and correct the economic tracks "wrong", as he emphasized the IMF commitment to support the Iraqi government in its actions "reform."     Ebadi said in a statement issued on the sidelines of a meeting with a delegation from the IMF and the US capital Washington, and received Alsumaria News, a copy of it, if the government continues to "its reform program and the strengthening of state institutions."         Abadi confirmed the continuation of his government to "create work and correct the wrong tracks economic opportunities."   For his part, reiterated the delegation, according to the statement, his support for "reform measures undertaken by the government of Iraq and the success of these reforms in the walk."   The delegation pointed out, "the IMF's commitment to this support."   Abadi was assured a delegation from the World Bank, on Monday, that his government does not want to link Iraq with long-term loans, pointing out that it is seeking to create jobs and develop the country's capabilities in many areas.   Abadi arrived on Monday to the United States on an official visit at the invitation of US President Donald Trump.

[yota691]

Abadi confirms the IMF the government continues to correct erroneous economic tracks

42 minutes ago

Last updated

08:58 PM

 

 

 

 

BAGHDAD / tomorrow Press: 
The head of the Council of Ministers, Haider al - Abadi, on Monday, during a meeting with a delegation from the International Monetary Fund, at his residence in Washington, said the government continues to correct economic paths wrong, in addition to continuing its program reformist, while the delegation reiterated its support for government measures reformist. 
A statement by the Office of Abadi, "tomorrow Press" received a copy of it, that " the Prime Minister Haider al - Abadi, received at his residence in Washington, the International Monetary Fund delegation , " stressing according to the statement on " the government continues its program reform and strengthen state institutions and create jobs and correcting erroneous economic tracks. " 
The delegation reiterated "his support for the reform measures undertaken by the government and Iraq 's success in the BIOS of these reforms , " stressing " the IMF 's commitment to this support."

The  World Bank delegation stressed during a meeting with Prime Minister Haider al - Abadi, earlier Monday, and full support for Iraq and to help create jobs, while Abbadi said that Iraq does not want to be linked to long - term loans.

And he reached the Prime Minister Haider al - Abadi, earlier on Monday, the United States official invitation of US President Donald Trump. 
He will meet Abadi , in addition to the US President a group of administration officials, including Vice President and Foreign Minister and the US Chairman of the US House of Representatives as well as meetings with members of Congress and the Senate to strengthen cooperation between the two countries in the security, military, economic and other fields, according to a statement his office on Sunday. 
The informed source has revealed for "tomorrow 's Press," on Thursday, Prime Minister Haider al - Abadi will leave for Washington to meet US President Donald Trump, early next week. 
Referred to the White House, it announced last week, that the US president will meet with Donald Trump in the current month of March Iraqi Prime Minister Haider al - Abadi. 
The informed sources have reported for "tomorrow Press", on Monday of last week, that the Prime Minister Haider al - Abadi, will visit this month , both the United States and the Hashemite Kingdom of Jordan. 
US President Donald Trump may raise Iraq from the banned list its own nationals entry to the United States on a temporary basis, while the Iraqi - Saudi relations have witnessed great convergence, after visiting Saudi Foreign Minister Adel al - Jubeir Baghdad last month.

[yota691]

Abadi World Bank: We do not want to link Iraq with loans far

History of edits:: 20/03/2017 19:58 • 58 visits readable

[Where - Baghdad] 
said Prime Minister Haider al - Abadi, on Monday, a delegation of the World Bank , "We do not want to link Iraq with loans long term."

A statement by the Office of Abadi and I followed all of Iraq [where] that "the Prime Minister Haider al - Abadi, received at his residence in Washington on Monday, the World Bank delegation," he said . "We do not want to link Iraq with loans long term." 
He noted " the importance of World Bank support for Iraq at this stage and we do not want to link Iraq 's long - term loans , but to create jobs and develop our capabilities in many areas to serve the country and our citizens." 
The delegation emphasized his support for Iraq in its crisis and financial help Iraq create jobs and training and development of human potential. "

[Boozer]

and what is the best way to do this, Put a rate to your currency and it will bring in industry , brings jobs. brings tax's , just like Dominos ,,you should be in your meeting now that its 3pm EST.. Hope all goes well and the good news pours out like rain water  GO RV !!

[sandfly]

Thanks 

[markb57]

all this money talk but it seems currency revaluation is never brought up   

[yota691]

Deputy: link Iraq with loans far-reaching influence on the economic reality

 

 

 

economic  Number of Views: 12 21/03/2017 10:25

 

The MP for the National Alliance Rashid al - Yassiri that "linking Iraq with loans far - reaching influence on the economic situation in general in the future." 

Yasiri said in a statement that " the issue of linking Iraq 's long - term loans will adversely affect the economic reality" and called on " thegovernment to develop plans for the future of Iraq to avoid large loans that impact negatively on the Iraqi government." 

"The borrowing Iraq from the IMF and World Bank , he will be subject to international standards and requirements , " adding that "close to the International Monetary Fund said earlier that Iraq is expected to face a funding gap of up to $ 17 billion in the current year is not able to measure more money. " 

The Prime Minister Haider al - Abadi Obulg- who is visiting Washington Halaa- separately my delegation Monetary Fund and the World Bank , "we do not want to link Iraq with loans long term but create jobs and develop our capabilities in many areas , " stressing that " thegovernment continues its program reform and strengthen state institutions and create jobs and economic tracks correct the wrong. " 

Their part of the new delegation and International Monetary Bank support for Iraq in the financial crisis and help Iraq create jobs and training and development of human potential. "