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International Monetary Fund to provide financial aid to Iraq

Members of Ministry of Finance during a meeting with the International Monetary
Members of Ministry of Finance during a meeting with the International Monetary Fund.

(IraqiNews.com) Baghdad – The Ministry of Finance announced on Tuesday that the International Monetary Fund (IMF) will provide emergency financial aid to Iraq to help through the current financial crisis.

The Ministry said in a statement received by IraqiNews.com “The International Monetary Fund agreed during detailed and technical discussions that took place on Monday to help Iraq get through the current financial crisis by providing emergency financial aid.”

The Ministry added, “The agreement comes within the government and Ministry of Finance’s plans to reduce public expenditure.”



2 Comments

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  1. How far do you think this $400 Million loan will go?? This money will be spent, I mean stolen, before it even arrives to Iraq! There is no hope for Iraq. It is amazing that no one is taking, or doing anything, about the billions that have disappeared from Iraq in the past 10 years.

    Rizgar
    Washington, DC

  2. Other countries get more help then the people right here in the United States! !!!! They cut job wages for state workers, but send billions to other countries while are kids get programs cut in school!

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