June 23, 2010Iraq demands "IMF," five billion dollars to meet its budget deficit
Arbil, An official source at the Iraqi Finance Ministry, on Wednesday, the current budget year, recorded a deficit of 23 trillion Iraqi dinars, pointing out that his country asked the International Monetary Fund, a loan of five billion U.S. dollars to fill the deficit.
The agent said the Ministry of Finance Fadhil Prophet told Kurdistan News (Akaniwz) "The arrival of budget deficit this year to Iraq, to account for about 23 trillion Iraqi dinars, forced the Iraqi government requested a loan from the International Monetary Fund worth five billion U.S. dollars, to plug its budget and distributed to those economic sectors that need it. "
"The Kurdistan region will get its share of the loan and the general budget by 17%.."
The Prophet said, "This will have the amount Aguetrdhanah from the World Bank, the impact on reducing the budget deficit," pointing out that "the International Monetary Fund has imposed on Iraq, any conditions in return the loan."
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