Jan. 26, 2021

Iraq IMF loan request unleashes wave of criticism at home

Iraq/Economy

The story: On Jan. 24, Iraqi Finance Minister Ali Allawi disclosed to Bloomberg that Baghdad has requested a 6B USD emergency loan from the International Monetary Fund (IMF) to salvage its oil-reliant economy. The IMF stated later that Iraq requested the loan as part of its 'Rapid Financing Instrument' for countries affected economically by the pandemic.

The coverage: On the same day, Dijla, a TV channel linked to the Karbuli political family, cited an anonymous political source that said neither the IMF nor other foreign financial institutions would lend to Iraq...

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Amwaj.media
Amwaj.media
Amwaj.media
فارسیPersian
فارسیPersian
عربيArabic
عربيArabic