The first loan from the IMF for Iraq
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The International Monetary Fund announced that the council of governments, stakeholders in the Fund&#39;s capital approved yesterday to provide an urgent aid for Iraq estimated at $ 436 million and representing the first loan from the Fund for Baghdad.
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Forty-five rich and middle-income nations agreed yesterday to provide a record $25.1 billion to the World Bank for generous-term loans and grants to the world's poorest countries. But for the first time since Dwight D. Eisenhower pushed for the creation of the bank's arm for helping the poorest of...
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The International Monetary Fund agrees to give China and three other emerging nations a greater voice.
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An international conference aimed at supporting the Iraqi political process begins in Egypt.
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The International Monetary Fund took a first step yesterday toward retooling itself to reflect major changes in the global economy, agreeing to increase the power that several fast-growing countries have over its policies and promising to boost their clout more in the next two years.
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The International Monetary Fund approves a $436m emergency reconstruction loan for Iraq, the first loan from an international body.
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Iraq cleared around $81 million in  debt it owed the International Monetary Fund late last week,  fund sources said on Monday, opening the way for the first aid  to flow from the global lender to Iraq.
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WASHINGTON -- The United States yesterday forgave $4.1 billion Iraq owed it and urged other nations not part of an international debt relief agreement to follow suit.
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RUSSIA finally signed up yesterday to an agreement between 19 nations to write off $33 billion (Â£17.8 billion) of Iraqâs debt. The agreement was confirmed by a US Treasury official at
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More than a quarter of Iraq's foreign debt burden could be forgiven under a US-German proposal.
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Chief Foreign Correspondent Rod Nordland finds that the hell of Iraq begins even before he gets there. In the first of a new series of dispatches, he describes his return to the capital.
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The International Monetary Fund approved a $436 million loan to Iraq on Wednesday, a milestone in the nation&#39;s effort to normalize its finances and rebuild its economy.
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Snow, Powell and Iraqâs Finance Minister Adil Abdul al-Mahdi signed the agreement in a ceremony at the State Department. &#39;Second liberation&#39; Al-Mahdi thanked the US government and its people, describing
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The International Monetary Fund on  Wednesday approved $436 million in emergency lending to Iraq  and said it hoped its backing would generate additional  international economic support, including debt relief.
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The deal is part of a new international agreement to forgive 80 per cent of Iraq&#39;s international debt, amounting to a total of about $150 billion.
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A deal to forgive a large chunk of Iraq&#39;s external debt could finally be announced this week after key creditor nations came to an agreement at the weekend ending months of stalemate.
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International donors to Iraq agreed on Thursday that they need to speed up the allocation of promised funds to rebuild the country, but failed to erase concerns that violence is impeding that from happening.