2009-06-28
Deputy: Iraq's intention to borrow from the International Monetary Fund, however, justified
Attorney Jaber said that a successor government's intention to borrow from the IMF imposes the possibility of Iraq's return to the obligations of the Fund's policies because the granting of the loan include the economic conditions.
Jaber added that the IMF and the World Bank and international organizations follow similar policies to Atsb in favor of borrowers, as well as the imposition of high interest rates on loans, adding that Iraq's experience with IMF conditions compelled him to apply to a number of years.
Jaber attributed the decline in the country to balance Maasmah unsuccessful policy of the Ministry of oil and not to exploit the rise in oil prices last year by lifting the ceiling on production.
OUCHHHHHHHHHHH
Deputy: Iraq's intention to borrow from the International Monetary Fund, however, justified
Attorney Jaber said that a successor government's intention to borrow from the IMF imposes the possibility of Iraq's return to the obligations of the Fund's policies because the granting of the loan include the economic conditions.
Jaber added that the IMF and the World Bank and international organizations follow similar policies to Atsb in favor of borrowers, as well as the imposition of high interest rates on loans, adding that Iraq's experience with IMF conditions compelled him to apply to a number of years.
Jaber attributed the decline in the country to balance Maasmah unsuccessful policy of the Ministry of oil and not to exploit the rise in oil prices last year by lifting the ceiling on production.
OUCHHHHHHHHHHH