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Parliamentary Finance: the Iraqi economy was fine and able to repay the international loan
05.02.2015
BAGHDAD - scales News
Parliamentary Finance Committee confirmed on Saturday that the borrowing Iraq from the International Monetary Fund is considered morally and not necessarily receiving only when necessary, noting that the International Monetary Fund approval to lend to Iraq means that the Iraqi economy was fine and able to repay the loan within a period not exceeding four years. " .
A member of the committee MP Abdul Qader Mohammed in a statement to / scales News /: "The loan types from the International Monetary Fund includes a short-term loan and a medium-term and long-term and that the IMF lends to countries that can correct the economic and financial track quickly and in a period not to exceed the a maximum of 4 years. "
He pointed out that "the shortfall in the general budget of approximately 25 trillion Iraqi dinars and can bridge this deficit by borrowing from domestic banks or through increased Iraqi oil exports during the coming period ".29- 3 / h
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05.02.2015
BAGHDAD - scales News
Parliamentary Finance Committee confirmed on Saturday that the borrowing Iraq from the International Monetary Fund is considered morally and not necessarily receiving only when necessary, noting that the International Monetary Fund approval to lend to Iraq means that the Iraqi economy was fine and able to repay the loan within a period not exceeding four years. " .
A member of the committee MP Abdul Qader Mohammed in a statement to / scales News /: "The loan types from the International Monetary Fund includes a short-term loan and a medium-term and long-term and that the IMF lends to countries that can correct the economic and financial track quickly and in a period not to exceed the a maximum of 4 years. "
He pointed out that "the shortfall in the general budget of approximately 25 trillion Iraqi dinars and can bridge this deficit by borrowing from domestic banks or through increased Iraqi oil exports during the coming period ".29- 3 / h
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