Economics
The International Monetary agrees on $833mn loan to Iraq
The International Monetary Fund has reached an agreement on Friday with Iraq for a $833mn loan program that should help the country with its finances and increase investor confidence. Head of the negotiating mission in the International Monetary Fund Carlo Sdralvic said, “The International Monetary Fund is ready to help Iraq in its efforts to address the economic effects of the current military operations against IS and address the effects of the fall in world oil prices.” (Iraqi News)
Source: http://www.iraqinews.com/business-iraqi-dinar/international-monetary-agrees-833-million-loan-iraq/
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