Home
Iraq is considering the request emergency funding from the International Monetary Fund
THU, APRIL 16 / APRIL 2015
Twilight News / Finance Minister Hoshyar Zebari said Iraq's budget for 2015 is based on the assumption of an oil price of $ 56 a barrel and that the government is considering a request emergency funding from the International Monetary Fund to ease budget troubles.
b69b6f57-9563-4404-aff5-e68fa41bee06_cx0
Zebari said, speaking to a group of reporters in Washington, "has yet to take a decision, but I think they (the IMF) would not mind providing such support but want the government to do more to reduce public spending."
But he added, "not as a precondition, but in fact they are advised that this is the way to provide these funds."
The price of Brent crude oil futures on Wednesday settled at US $ 60.32 a barrel
[You must be registered and logged in to see this link.]
THU, APRIL 16 / APRIL 2015
Twilight News / Finance Minister Hoshyar Zebari said Iraq's budget for 2015 is based on the assumption of an oil price of $ 56 a barrel and that the government is considering a request emergency funding from the International Monetary Fund to ease budget troubles.
b69b6f57-9563-4404-aff5-e68fa41bee06_cx0
Zebari said, speaking to a group of reporters in Washington, "has yet to take a decision, but I think they (the IMF) would not mind providing such support but want the government to do more to reduce public spending."
But he added, "not as a precondition, but in fact they are advised that this is the way to provide these funds."
The price of Brent crude oil futures on Wednesday settled at US $ 60.32 a barrel
[You must be registered and logged in to see this link.]
