BAGHDAD - Iraq Press - May 3 / May: Economic Adviser to the Prime Minister stressed that Iraq Durable goods alone can bridge the needs for a period of five years.
He said the appearance of Mohammed Saleh / Iraq Press / that there are "efforts to borrow from the International Monetary Fund increased by $ 800 million at an interest rate not to exceed 1% per year with the possibility of complete withdrawal of the previous loan from the institution itself, which is left of it by about $ 3 billion," expected to "reach The annual export of oil prices in 2015 to $ 70 a barrel and that Iraq sells barrel below this price by about 7 or $ 9 depending on the type of oil and what is included in the contract, which will help him to repay the loans. "
Saleh continued that "The size of this loan up to $ 4.5 billion Iraq had withdrawn half of this amount earlier and stayed him about $ 3 billion, but on Iraq under this loan to be signed on the terms may carried out initially in the adoption of the policy of austerity and the first of the reduction Alinvqat.lavta that "military expenditure was still takes a large part of our money, to the country's need for military equipment in the face of terrorism and the elimination of al Daash." Noting that "the time limit to repay the loan extends between 3 to 5 years and interest rate management does not exceed 1% per annum and unconditionally ". Ended O.h
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