Information / special / ..
Economic Adviser to the Prime Minister announced the appearance of Mohammed Saleh, on Monday, for the approval of the International Monetary Fund to lend Iraq $ 800 million with the direction of future government to borrow from the IMF three billion dollars.
Saleh said in a statement to the Agency / information / "The Minister of Finance Light International Monetary Fund in order to lend Iraq $ 800 million in urgent loan and got approval to do so to be paid by Iraq over three years and an interest rate of 1%."
"The current year's budget contains a provision authorizing the Iraqi government to borrow from the IMF to meet the financial distress for the current year."
And Saleh, said that "there is a tendency future Iraqi government to borrow from the IMF amount of three billion dollars during the current year and would be paid over three years and at interest rates of 1%."
He pointed out that "the IMF to improve the condition of the Iraqi economy and spending cuts in return for granting loans to Iraq that request."
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