Central Bank: Beyond the financial crisis and the coming days, promising
Economy News / Baghdad ...
interesting they reposted this, maybe they will get the results the want this time
The central bank, announced on Sunday that Iraq has overcome the financial crisis and the coming days are promising, noting he Amajaov the decline in hard currency reserves.
The Central Bank of Iraq adviser Walid Idi, in a press statement that "the crisis austerity and fiscal deficits as a result of lower oil prices in the recent period has ended and Iraq overcome the financial crisis and the coming days are promising."
He added that "Iraq will become a country of foreign investment as a result of global competition of foreign companies to invest in the re-devastated cities after recovered from Daesh."
"The entry of foreign Iraq companies will reflect a positive outlook and will contribute to attracting major countries to rebuild the devastated areas and the holding of joint agreements for investment as well as trade exchange and activating tourism and oil industry," stressing that "holding oil agreements with Arab and foreign countries will bring hard currency to the country and raise the reserve the central bank of the currency. "
He continued Idi, he "to Amajaov hard currency reserves fell in the central bank and the decline of my time and will improve in the near future.
Date Added 03/05/2017 - 10:06 Last updated 16/04/2017 - 8:04
I'm sure there will be more discussion friday
It announced the appearance of Mohammed Saleh , an economic adviser to Prime Minister Haider al - Abadi, on Sunday, for the resumption of Iraq 's discussions with the International Anakz Fund next Friday to review the readiness credit agreement , which includes lending Iraq $ 5.4 billion, likely to launch the amount of $ 840 million by next June. (that's this June by the way)
Saleh said, that ' an Iraqi delegation headed by the Minister of Finance Agency Abdul Razzaq al- Issa will travel to Washington DC this week to discuss the readiness of credit agreement signed by Iraq in 2015 , which includes lending to Iraq 5.4 Milirdolar', noting that "Iraq received until now billion and a quarter of a billion dollars'.
Saleh explained that ' the delegation will start its meetings with the International Monetary Fund and the World Bank on Friday and up to three days', likely that' the launch of an amount of $ 840 million by next June. "
The source added that ' the delegation includes in addition to Alissa Central Bank Governor Ali Keywords and officials from the Ministry of Finance, the Ministry of Oil and the Ministry of Planning and Oil Marketing Company (SOMO), the Central Bureau of Statistics and the Office of Financial Supervision , as well as representatives from the Kurdistan Regional Government. "
Saleh said, that ' an Iraqi delegation headed by the Minister of Finance Agency Abdul Razzaq al- Issa will travel to Washington DC this week to discuss the readiness of credit agreement signed by Iraq in 2015 , which includes lending to Iraq 5.4 Milirdolar', noting that "Iraq received until now billion and a quarter of a billion dollars'.
Saleh explained that ' the delegation will start its meetings with the International Monetary Fund and the World Bank on Friday and up to three days', likely that' the launch of an amount of $ 840 million by next June. "
The source added that ' the delegation includes in addition to Alissa Central Bank Governor Ali Keywords and officials from the Ministry of Finance, the Ministry of Oil and the Ministry of Planning and Oil Marketing Company (SOMO), the Central Bureau of Statistics and the Office of Financial Supervision , as well as representatives from the Kurdistan Regional Government. "
Army: 2900 IS members killed in Mosul in 4 days
Mosul (IraqiNews.com) The Iraqi army said Sunday 2900 Islamic State members were killed over the past few days in western Mosul as U.S.-backed operations continue to clear the remaining districts of the region from militants.
Sabah al-Noaman, spokesperson of the army’s elite Counter-Terrorism Service, said the announced “preliminary” toll was the result of fierce encounters between the group and Iraqi forces over the past four days at the Tenek and Abar districts, both recaptured recently by the government troops.
Iraqi government forces recaptured eastern Mosul in January, and started a new offensive in February to retake the west. The Iraqi Joint Operations Command said Thursday its forces had recaptured 60% of the western flank of Mosul from Islamic State militants.
Late March, the international coalition estimated the number of Islamic State fighters in western Mosul by at least 1000.
Battles are currently most intense around Mosul’s densely populated and narrowly structured Old City district, where police forces cautiously approach the grand mosque where IS supreme leader Abu Bakr al-Baghdadi declared the establishment of the group’s rule. While admitting that battles in the western side of Mosul proved more difficult that those in the east, Iraqi and coalition commanders said IS’s influence was receding as many top leaders were either counted dead or tracked escaping the battlefield.
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