IMF approves £391m loan for Iraq

The International Monetary Fund today approved a new £391m (€571.4) loan for Iraq, giving the country a critical endorsement of its economic performance.

IMF approves £391m loan for Iraq

The International Monetary Fund today approved a new £391m (€571.4) loan for Iraq, giving the country a critical endorsement of its economic performance.

The loan, approved by the IMF’s 24-member executive board, represents the lending agency’s seal of approval that the Iraq government is taking the proper approach to reviving its war-torn economy.

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