(IraqiNews.com) Baghdad – The Minister of Housing Tariq Chikhani announced on Tuesday, that the Iraqi Central Bank lent the Housing Fund a loan of 1 trillion and 200 billion dinars, while pointed out that 850 billion dinars of the loan will be paid next week. Chikhani said in a statement followed by IraqiNews.com, “The ministry built 70,000 housing units through the Housing Fu
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(IraqiNews.com) Kurdistan – On Sunday the Ministry of Natural Resources in Kurdistan announced the export of more than 327 thousand barrels of oil per day in March. The ministry said in a statement followed by IraqiNews.com, “The Kurdistan region exported 327,371 barrels on average per day of crude oil during the month of March,” adding that, “The regional government had recei
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BAGHDAD, March 26 (Xinhua) -- United Nations Secretary-General Ban Ki-moon on Saturday paid an official visit here, aiming at showing the international community's support to the Iraqi government to confront economic crisis and fight against the Islamic State (IS). The UN chief, who was accompanied by World Bank President Jim Yong Kim and President of the Islamic Development B
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The Iraqi government could receive $6.4 billion from organizations and donors in 2016, according to Reuters. Iraq has commenced negotiations with the International Monetary Fund (IMF), and authorities could receive $15 billion in assistance over the next three years. Iraq’s economy is nearly in tatters, which is primarily due to warfare and lower oil prices. Negotiations for th
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The Fund’s mission met with representatives of the Iraqi government. Conflicts and oil’s low prices drove the country’s GDP down 2.1% in 2015, but the organization sees improvement in fiscal policies. São Paulo – In the last few days, a mission from the INTERNATIONAL Monetary Fund (IMF) met with representatives from the Iraqi government in AMMAN, Jordan, for a Staff-Monitored
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