Economic center: borrow from the Fund will have cumulative effects on the Iraqi economy
30/04/2015
BAGHDAD / Source News / .. warned the Economic Media Center, on Thursday, an increase of borrowed funds from the International Monetary Fund because it will fall upon the state debt.
The head of the Muhammad Ali Center Durgham told / Source News /, that "the annual borrowing from the International Monetary Fund will have cumulative effects on the Iraqi economy in the short and medium term, in addition to his shoulders the burdens of the conditions affecting the country's economic policies."
He continued, "So it is better to legalize international loans, especially from the IMF and linked only majeure and remove him from the plug options in times of economic relax."
The parliamentary Finance Committee on Thursday announced a $ 800 million loan from the International Monetary Fund to support the federal budget for 2015. / end / h
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30/04/2015
BAGHDAD / Source News / .. warned the Economic Media Center, on Thursday, an increase of borrowed funds from the International Monetary Fund because it will fall upon the state debt.
The head of the Muhammad Ali Center Durgham told / Source News /, that "the annual borrowing from the International Monetary Fund will have cumulative effects on the Iraqi economy in the short and medium term, in addition to his shoulders the burdens of the conditions affecting the country's economic policies."
He continued, "So it is better to legalize international loans, especially from the IMF and linked only majeure and remove him from the plug options in times of economic relax."
The parliamentary Finance Committee on Thursday announced a $ 800 million loan from the International Monetary Fund to support the federal budget for 2015. / end / h
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