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Talks in Amman with the International Monetary Fund for a loan up to $ 827 million

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therealbubbie

therealbubbie
CO-ADMINISTRATOR
CO-ADMINISTRATOR

Chaired by Finance Minister Hoshyar Zebari, the Iraqi delegation in the ongoing negotiations with the International Monetary Fund, which was held in the Jordanian capital Amman on Wednesday throughout (3) in June to discuss the mechanics for a loan from the International Monetary Fund as part of a rapid financing mechanism.

A statement from the Ministry of Finance received ( and the Iraqi News Agency Information / INA) that a copy of it is hoped that Iraq gets a loan in the range of 827 million US dollars during the coming period. He added that the negotiations with the IMF comes a continuation of the efforts being made by Iraq to obtain external financing to bridge the fiscal deficit in the budget and reduce the financial gap between revenue and expenditure.

This took part in these consultations, which lasted several days, Governor of the Central Bank and representatives of the bank and a number of general managers in the financial, oil and Planning Ministries.
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