By John Lee. Iraq is reportedly in discussions with the International Monetary Fund (IMF) to secure a $6 billion loan to help its finances. Finance Minister Ali Allawi (pictured) told Bloomberg that Iraq can apply for $2 billion in quick financing from a special mechanism to help Covid-battered economies, followed by an additional $4 million.. […]
Tag Archives | Ali Allawi
Iraqi Cabinet Approves Financial Reforms
By John Lee. The Iraqi Cabinet has approved the White Paper on Financial Reform presented by Deputy Prime Minister and Minister of Finance, Ali Allawi. The document outlines more than 200 reforms aimed at tackling the immediate financial crisis facing Iraq. Click here to download the white paper (Arabic only) Click here to read analysis […]
Finance Min: Economy could reach Irreversible Lows
Iraq's economy could reach irreversible lows within the next year unless urgent reform measures are adopted, its Finance Minister warned in an exclusive interview with AFP on Monday. More here. (Source: AFP)