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Iraq Expects to Receive US$3 Billion in Loans in 2017

Advisor Mudh-hir Mohammed Saleh added that Iraq is expects to get international loans from different sources, including the 7 industrial counties and the European Union.

Baghdad/ Iraq TradeLink: Advisor for financial affairs to the Iraqi Premier disclosed that Iraq is trying to get 3 million dollar-loans from the World Bank or the International Monetary Fund to cover the deficit of its national budget for this year.

Advisor Mudh-hir Mohammed Saleh added that Iraq is expects to get international loans from different sources, including the 7 industrial counties and the European Union.

He pointed out that the international community "full understands" the situation in Iraq and the war against Da'ish (ISIS), as well as its expenses.


The Iraqi parliament voted for this year's budget with a deficit of 15 billion dollars that will oblige Iraq to have foreign loans to cover this shortage. 

Source: Iraq TradeLink 

 

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