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International Monetary Fund: Baghdad is not currently in danger of running out of cash
Wednesday October 212 015 15:30
Alsumaria News / Baghdad
confirmed the International Monetary Fund, on Wednesday, he could give Iraq a large loan in 2016 to help him achieve financial stability, adding that Baghdad is not currently at risk of liquidity into force. The Middle East Department Director of the Central Asia in the Fund Masood Ahmed said in a statement reported by "Reuters" and I followed Alsumaria News, "The team of the Fund will discuss with Iraqi officials early next month to follow up the development of ways to Baghdad Fund experts watching the program in which the economic policies of the country."
Ahmed said, "The Fund Iraq could give a large loan in 2016 to help him achieve financial stability at a time when Baghdad suffer because of falling oil prices and the war being waged against the organization of the Islamic state." He Ahmad hoped to "build a record for the application of policies as a basis for program Recent funding from the International Monetary Fund later in 2016, "noting that" the new IMF loan will be times the emergency financing of the Fund and approved in July this year and the $ 1.24 billion dollars. "He continued, that" Baghdad is not currently in danger Out of liquidity because they can postpone investment projects and rely on the financing of the central bank if need be ", but he also said that" the government needs to develop a clear and comprehensive plan to reform its finances, although the International Monetary Fund program may help in this. "The Iraq suffers from difficult economic conditions as a result of lower oil prices which is the most important supplier of the country's resources.
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Wednesday October 212 015 15:30
Alsumaria News / Baghdad
confirmed the International Monetary Fund, on Wednesday, he could give Iraq a large loan in 2016 to help him achieve financial stability, adding that Baghdad is not currently at risk of liquidity into force. The Middle East Department Director of the Central Asia in the Fund Masood Ahmed said in a statement reported by "Reuters" and I followed Alsumaria News, "The team of the Fund will discuss with Iraqi officials early next month to follow up the development of ways to Baghdad Fund experts watching the program in which the economic policies of the country."
Ahmed said, "The Fund Iraq could give a large loan in 2016 to help him achieve financial stability at a time when Baghdad suffer because of falling oil prices and the war being waged against the organization of the Islamic state." He Ahmad hoped to "build a record for the application of policies as a basis for program Recent funding from the International Monetary Fund later in 2016, "noting that" the new IMF loan will be times the emergency financing of the Fund and approved in July this year and the $ 1.24 billion dollars. "He continued, that" Baghdad is not currently in danger Out of liquidity because they can postpone investment projects and rely on the financing of the central bank if need be ", but he also said that" the government needs to develop a clear and comprehensive plan to reform its finances, although the International Monetary Fund program may help in this. "The Iraq suffers from difficult economic conditions as a result of lower oil prices which is the most important supplier of the country's resources.
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