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Iraqi Parliament: The seven-billion-dollar loan from the World Bank ..

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Iraqi Parliament: The seven-billion-dollar loan from the World Bank ..

/ Iraq _ _ international loans /
Iraqi Parliament: The seven-billion-dollar loan from the World Bank for the failure of the Iraqi government
IRBIL, July 14 (Akaniwz) - The Iraqi Parliament requested a loan of seven billion dollars from the World Bank is the failure of the Iraqi government.The MP said Jalak Azad, a member of the Integrity Committee of the parliament, the Iraqi Kurdistan News Agency (Akaniwz) "failure in Iraq on the sale of oil, because it was scheduled to sell every barrel of oil at 70 dollars a day and 2 million barrels of oil to the outside, but the prediction failed, so had shown a lack of the general budget of Iraq and was forced to resort to the loan from the World Bank. "
He said that "Iraq has lost a great loss to this loan, because it leads to Iraq's economic paralysis, and is a reason for the decline in the value of the criticism of Iraq in world markets, so the Alyaovernmp Antalm that this means the collapse of the loan, and is expected to impose a variety of materials because of it."
Jalak added that "there must be clarification of the reasons for the Iraqi government to loan the money, if for reconstruction or for the management of the military actions of government institutions; must inform the Kurdistan region and all other parties so that there is an appropriate clarification around."
Bayazid said Hasan, a deputy in the Iraqi Council of Representatives that "Iraq is currently 69 billion dollars in the European Central Bank, in order to Atnkhvd value in world markets, the government resorted to a loan from the World Bank."
He pointed out that "the expectations of the past few months were not true about the price of oil has put 50 dollars per barrel of oil, because it increased the price at the present time to 70 dollars, if the proportion of export to Iraq, there is no need for the loan from the World Bank."
Said Bayazid, "according to a report of the Organization of Petroleum Exporting Countries and the Foundation of nuclear energy, it must be the price of oil per barrel to $ 70 during the month of July and the current Iraqi government said that such a loan for the payment of cash from institutions and staff salaries, construction and investment sector, which needs a few billions of dollars. "
But Azad Jalak revealed that the proportion and quality of oil in Iraq is not much demand, so the expected survival of the situation in Iraq, the same loan and the opportunity is still there. "
(Akaniwz) c c 14/7/2009
14/07/2009 13:28
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WTH??????????

"Iraq is currently 69 billion dollars in the European Central Bank, in
order to Atnkhvd value in world markets, the government resorted to a
loan from the World Bank."

WHEN did 69 BILLION dollars of iraq money get in European Central Bank????????????????????

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