18358
Emergency Aid to Iraq
World Economy

Emergency Aid to Iraq

The International Monetary Fund (IMF) said it was preparing $833 million in emergency financial assistance to Iraq as the country battles the Islamic State insurgency, AFP reported. The IMF said a mission had agreed on the aid with the Iraqi government under the fund’s Rapid Financing Instrument program, subject to IMF management approval, which is likely to come in July. “The fund is ready to assist Iraq in its efforts to tackle the economic impact of the conflict with IS and the decline in global oil prices,” it said.

Short URL : http://goo.gl/tEICOI

You can also read ...

Debt to GDP ratios across the OECD averaged 73% last year and its members are set to borrow $14.67 trillion from the markets this year.
The world economy is at risk from a rising tide of government...
US has accused ABLV of money laundering and breaching  sanctions on North Korea.
The European Central Bank said Saturday it has determined that...
S&P Ups Russia to Investment Grade
Russia received a long-awaited upgrade to its sovereign rating...
China’s Geely Buys $9 Billion Daimler Stake
The founder of Zhejiang Geely Holding Group Co. has...
Mexico Hosts 39 Million Tourists, Earns $21 Billion
Mexico saw record revenues from international tourism in 2017...
Thorny issues such as content rules for  cars remain unsolved.
It’s looking increasingly likely Nafta talks will extend...
Peru Deficit Narrows
Peru had a current account deficit of 1.3% of the gross...
Manafort Indictment Spells Trouble for Bankers
Recently filed federal charges against President Donald Trump’...

Trending

Googleplus