World Bank announces its readiness to support Iraq in the or

[Stillw8n]

World Bank announces its readiness to support Iraq in the orientations of the implementation of projects to pay on credit

Major international banks have expressed their willingness to support Iraq in the direction to pursue the style of the implementation of projects to pay on credit in return for guarantees from the government through the issuance of sovereign bonds to support this program.

The Director-General of Trade Bank of Iraq Hamdiya dry after returning from America after their participation in meetings of international banks that the results of her meetings with the heads of banks were successful, including JP Morkn and resulted in the formation of a joint committee to restore the amounts of private and ministries, the Iraqi parked 4 years ago because of disagreements between the processors The contracting parties with them and return these funds and deposited in the Development Fund for Iraq.

Meanwhile, the investigation revealed dry for new gains of the Iraqi delegation was the possibility of opening a credit line of credit at the rate of $ 25 million and extend the guarantee for the longest period of years to support the Iraqi private sector in addition to a proposal by the TBI To reduce the appropriations for the commission to alleviate the burden of Iraqi consumers and activating the role of guarantors of global banks for its companies operating in Iraq.

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