International Monetary Fund to provide financial aid to Iraq

(IraqiNews.com) Baghdad


The Ministry of Finance announced on Tuesday that the International Monetary Fund (IMF) will provide emergency financial aid to Iraq to help through the current financial crisis.

The Ministry said in a statement received by IraqiNews.com “The International Monetary Fund agreed during detailed and technical discussions that took place on Monday to help Iraq get through the current financial crisis by providing emergency financial aid.”

The Ministry added, “The agreement comes within the government and Ministry of Finance’s plans to reduce public expenditure.”