The Iraqi Finance Ministry has received $440 million as a loan from the International Monetary Fund
“The loan is processed according to an agreement between the two sides through which Iraq should get an amount of $3.6 billion in total from the International Fund Monetary,” the Iraqi ministry said in a release on Wednesday received by Aswat al-Iraq news agency.
It noted that the $440 million is the first tranche of the total amount.
“Other payments are coming later this year,” the statement explained.
( Aswat Al Iraq )