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Saudi Arabia put pressure on Iraq to agree to the Riyadh conference and lend $ 500 million
9/14/2015
BAGHDAD / Sky Press: political source said early Monday, the Saudi authorities had put pressure on the Iraqi government through lending $ 500 million in return for agreeing to the participation of some politicians in the Riyadh conference. The source for "Sky Press," that "Saudi Arabia is seeking to put pressure on the Iraqi government to approve the participation of some Iraqi politicians in Riyadh conference end of the year and not to legally pursue them." He added that "in return for agreeing Arabia will lend Iraq $ 500 million from the Islamic Development Bank in Jeddah under the pretext of helping Iraq is expected to cover the budget deficit.",He noted that "it will bring Iraq back into debt," noting that "Baghdad is trying to collect as many as six billion dollars through the issuance of a series of bonds denominated in US dollars."
He added that "these bonds is the first in Iraq since the nine years to fund salaries, in addition to infrastructure projects in the oil and gas, electricity and transport sector."
He pointed out that "the federal government has authorized the Ministry of Finance request for additional funding from private sources, including revenue that the Islamic Development Bank in Saudi Arabia."
The sources confirmed for "Sky Press," on Sunday, said Saudi Arabia and the UAE government has commissioned each of Sheikh Ali Hatem and Sheikh Zeidan al-Jabri media with Anwar al-Hamdani, coordination and preparation of the list of invitees to the Riyadh conference to be held later this year.
The Riyadh and in the words of a spokesman for the Saudi Foreign put forward in the Doha conference in pursuit of a conference in Saudi Arabia and that the Doha conference has pulled him body and some tribal leaders of Anbar and Ramadi to the difference in the views of Muslim Scholars led to the altercation sharp.
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9/14/2015
BAGHDAD / Sky Press: political source said early Monday, the Saudi authorities had put pressure on the Iraqi government through lending $ 500 million in return for agreeing to the participation of some politicians in the Riyadh conference. The source for "Sky Press," that "Saudi Arabia is seeking to put pressure on the Iraqi government to approve the participation of some Iraqi politicians in Riyadh conference end of the year and not to legally pursue them." He added that "in return for agreeing Arabia will lend Iraq $ 500 million from the Islamic Development Bank in Jeddah under the pretext of helping Iraq is expected to cover the budget deficit.",He noted that "it will bring Iraq back into debt," noting that "Baghdad is trying to collect as many as six billion dollars through the issuance of a series of bonds denominated in US dollars."
He added that "these bonds is the first in Iraq since the nine years to fund salaries, in addition to infrastructure projects in the oil and gas, electricity and transport sector."
He pointed out that "the federal government has authorized the Ministry of Finance request for additional funding from private sources, including revenue that the Islamic Development Bank in Saudi Arabia."
The sources confirmed for "Sky Press," on Sunday, said Saudi Arabia and the UAE government has commissioned each of Sheikh Ali Hatem and Sheikh Zeidan al-Jabri media with Anwar al-Hamdani, coordination and preparation of the list of invitees to the Riyadh conference to be held later this year.
The Riyadh and in the words of a spokesman for the Saudi Foreign put forward in the Doha conference in pursuit of a conference in Saudi Arabia and that the Doha conference has pulled him body and some tribal leaders of Anbar and Ramadi to the difference in the views of Muslim Scholars led to the altercation sharp.
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