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Parliamentary Finance Committee plans to host Finance Minister Hoshyar Zebari on the recent agreement between Iraq and the International Monetary Fund

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Parliamentary Finance Committee plans to host Finance Minister Hoshyar Zebari on the recent agreement between Iraq and the International Monetary Fund




November 12, 2015


Announced member of the Finance Committee parliamentary deputy Jabbar al-Abadi, on Wednesday, the intention of the Commission to host Finance Minister Hoshyar Zebari on the recent agreement between Iraq and the International Monetary Fund, as he emphasized that Iraq can not meet internal and external obligations without resorting to loans.

Ebadi said, "The understanding with the International Monetary Fund came for the purpose of financing the budget deficit," pointing out that "it is expected to be hosting and Finance Minister Hoshyar Zebari by the Finance Committee after the negotiations is completed for the purpose of knowing the conditions set by the IMF for the purpose of financing the budget deficit." .

He said al-Abadi, that "Iraq can not meet internal and external obligations without resorting to loans," adding at the same time that "the Japanese loan of soft loans, which carry the proportion of the benefits of a few."

Iraq agreed with the International Monetary Fund on the last control of financial and economic policies in the country, with the Iraqi side confirmed that the agreement is not intended for exposure to financial commitments to government employees and pensioners.

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