Finance Minister: Iraq is suffering from an acute problem of liquidity and not bankrupt

Finance Minister: Iraq is suffering from an acute problem of liquidity and not bankrupt


4/8/15

Finance Minister Hoshyar Zebari, said on Tuesday that Iraq "is not bankrupt," but suffers from "severe problem" in the provision of liquidity, and as pointed out that Iraq will discuss the financial situation with the International Monetary Fund, denied that Iraq has taken a decision to request urgent help from the International Monetary Fund.
Zebari said, in his remarks on the sidelines of the annual joint meeting of Arab financial institutions held in Kuwait, and I followed, "time", that "Iraq will discuss the financial situation with the International Monetary Fund but has not made a decision to request urgent help him, and we're not so bad situation ".
Zebari stressed that "Iraq is not bankrupt, and we have a lot of assets can be used, but we are suffering from an acute problem provide liquidity."

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