Iraq and the World Bank discuss the provision of billion dollars to support the 2016 budget

by **Ponee** Mon Jun 27, 2016 2:25 pm

Search Finance Minister on Monday with the Director of the Iraq Programme at the World Bank provide a billion dollars to support the 2016 budget.

Iraq and the World Bank discuss the provision of billion dollars to support the 2016 budget 147194763

A statement by the Ministry of Finance "Economy News" received a copy of the "Finance Minister Hoshyar Zebari met with Director of the Iraq Programme of the World Bank Robert existence and discussed with him the provision of billion dollars to support the 2016 budget."

"The two sides discussed during the meeting, the financial and economic situation and the role of the World Bank Group in support of Iraq's economy and help it overcome the financial and its economic crisis by supporting the budget and the implementation of service projects and encouraging the private sector in the field of investment and provide a billion dollars to support the budget during the year 2016".

In turn, praised the Minister of Finance according to the statement on the role of the World Bank to assist in the reconstruction of liberated areas of Daash the terrorist entity. "

Iraq is going through a financial crisis due to falling oil prices, which constitutes 90% of the public budget is paid to borrow from the International Monetary Fund and the World Bank and earned them about $ 15 billion received by over three years.

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