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Economic reveals borrow Iraq billion and $ 200 million from the World Bank

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Rocky


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Economic reveals borrow Iraq billion and $ 200 million from the World Bank




11/10/15

BAGHDAD / Hassan Shammari
Detection economic Bassem Jamil Antoine Tuesday the expert, borrowing Iraq billion and $ 200 million from the World Bank to get rid of the financial and monetary crisis that passes by, while stressing the need to stop the wastage wealth of financial and administrative corruption rampant.
Said Antoine in an interview with "Sky Press," that "Iraq is now going through financial and monetary crisis and the budget where the deficit was due to lower oil prices," noting that "all states even cover the deficit resorting to domestic borrowing or external to choose the easiest and least expensive without conditions." .
"The Iraqi delegation, headed by Finance Minister Hoshyar Zebari, and the membership of the Central Bank and advisers economic and financial negotiate with the World Bank to borrow nearly one billion and 200 million dollars to complete the processes of development kits and salaries without unfair conditions against Iraq simple benefits differ from benefits imposed by the financial institutions."

Antoine pointed out that "Iraq has other sources to fill the loans after the restructuring of its economy and the development of industrial and agricultural economy and to stop the wastage wealth of financial and administrative rampant corruption", stressing that "the higher grades to

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Rocky


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