Calls on the Government to an economic agreement with the IMF without the obligations of the future
2009-07-02 08:51:10
2009-07-02 08:51:10
BAGHDAD (Iba) / IMF / loans / .. economic expert called the Iraqi government to deal with the International Monetary Fund to obtain a loan, to be without the obligations of the future.
Dr. Ali Al-Manie told the independent press (Iba) said Thursday that Iraqi citizens may pay a high price again by the obligations of the IMF, which has been the country from the beginning of the year in the event of a disagreement on the practical mechanics of the payment of the loan likely 7 billion dollars.
He added that the oil states are betting that the United States for their contributions to finance the loans through the IMF to the States, will face difficulties in the payment of the value of exports, since the devaluation of the dollar will reduce the capacity to provide such loans, adding that it will have a negative impact on Iraq in the absence of agreement . He was confident with anti responsible for fiscal policy in Iraq through the establishment of common items serve the citizen.
He said the Iraqis were still suffering from the consequences of the Fund's policy to commit themselves to the government to lift subsidies on oil derivatives, and other development plans.
The experts at the International Monetary Fund expected to see the value of the proceeds of oil-producing countries, could be a devastating setback against the backdrop of an expected decrease of the value of the dollar .. and the experts, that the reduction in the value of the dollar will have a dramatic impact on the economies of States that its currency to the dollar, including Saudi Arabia and the number of of the other Gulf states. (end) / 20 /