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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The International Monetary Fund (IMF) has backed a $35m (Â£19m) loan to Kenya, with the loan scheduled for December, seven months later than expected.
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UNITED STATES WASHINGTON -- The United States and its major economic allies struggled yesterday to resolve deep differences over how to relieve the heavy debt burden for Iraq and the world's poorest countries. Debt relief and broader topics of international finance topped the agenda for finance officials attending committee meetings of the International Monetary Fund and the World Bank. Treasury ...
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The deal will reduce Iraq&#39;s debt owed to the 19 Paris Club creditor nations by 80 percent, from a current $38.9 billion to $7.8 billion in 2008.
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Key figures about Iraq since the war began in March 2003
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Under fire over Iraq, the President gets help from the Iraqi leader he appointed
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The International Monetary Fund starts talks with Kenya which could result in the release of a delayed loan to the country.
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TOKYO - Iraq's deputy leader pleaded with donors Wednesday to fulfill their promises of aid to help rebuild his war-ravaged nation, and accused the United Nations of failing to provide crucial support.    Of the $13.6 billion in grants and loans promised last year by nations and lending institutions, only about $1 billion has been deposited in World Bank and U.N...
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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's oil ministry has awarded the country's first post-war oilfield development contracts to Turkish and Canadian firms, an oil official said on Thursday.
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Japan hopes new pledges to rebuild Iraq will emerge as international donors meet in Tokyo from Wednesday, but it sees broader participation in stabilizing the war-torn country as even more important than fresh funds.
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TOKYO - Hoping to keep much-needed cash flowing into war-ravaged Iraq, Japan will host a 50-nation Iraqi reconstruction donors' conference this week that may focus less on getting new pledges than on getting countries to honor their earlier promises.    The two-day conference, starting Wednesday, is a follow-up to a high-profile meeting in Madrid last year in which 37 countries and international lending institutions pledged $13.6 billion in grants and loans...
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The International Monetary Fund offers up to $1bn in financial help to affected nations ahead of a donors' meeting in Jakarta.
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As a result of talks the Paris Club has arrived at a consolidated decision to write off 80 per cent of Iraq&#39;s debt, Russian Finance Minister Aleksey Kudrin told journalists on Sunday [21 November].
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Germany&#39;s finance minister has said he and his American counterpart have worked out a deal to write off 80 percent of Iraq&#39;s $120 billion foreign debt.
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Nineteen countries, including Australia, have agreed to cancel 80 per cent of the debt Iraq owes them. The deal secured for the Paris Club of creditor nations ends a trans-Atlantic dispute and probably sets
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Major economic powers agreed Sunday to write off more than $31 billion in debt for Iraq in a deal that boosted U.S. efforts to help put the Iraqi economy back on its feet.