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Al-Kazemi’s advisor: $ 5 billion, the size of Iraq’s debts to the World Bank and the IMF

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

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Al-Kazemi’s advisor: $ 5 billion, the size of Iraq’s debts to the World Bank and the IMF

Post by RamblerNash Sun Dec 26, 2021 9:51 pm

Al-Kazemi’s advisor: $ 5 billion, the size of Iraq’s debts to the World Bank and the IMF Upload_1640163225_130788356

22-12-2021, 11:54

Baghdad - conscious - Nassar al-Hajj

Today, Wednesday, Adviser to the Prime Minister for Economic Affairs, Mazhar Muhammad Salih, determined the size of Iraq's debts to the World Bank and the International Monetary Fund.

Saleh said, to the Iraqi News Agency (INA), that "there is no accurate number of the size of the debt owed by Iraq to the World Bank and the International Monetary Fund, because the balance moves in decrease with the payment of the debt package (the installment) in addition to the annual interest, but it does not exceed 5-6 billion dollars. ".

He added, "The loans of the World Bank in particular are long-term and have grace periods of about 6 years, which often extend to about 14 years, and the interests on them are moderate, as they are similar to the interest of the London markets on dollar lending transactions (Liber) in addition to a simple additional percentage representing the bank commission."

https://www.ina.iq/144398--5-.html

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Al-Kazemi’s advisor: $ 5 billion, the size of Iraq’s debts to the World Bank and the IMF 258310255

Al-Kazemi’s advisor: $ 5 billion, the size of Iraq’s debts to the World Bank and the IMF 258310255

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RamblerNash: GURU HUNTER; Posts : 24064
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