IMF gives Iraq credit for reconstruction

Iraq receives from IMF the largest credit in history

In brief: t is the largest credit Iraq has ever received from the world community.

International Monetary Fund has today published its decision to give Iraq credit of $3,6 billion for reconstruction its infrastructure destroyed by hostilities. It is the largest credit Iraq has ever received from the world community.

The fund is given to develop different construction projects and establishing work of social sector. In response Iraqi authorities have to liberalize several branches of state economics and stop subsidizing industrial producers and farmers.

Maria Velikanova
2010-02-25 13:40, Economics.

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