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Liquidity provision: Iraq The World Bank is negotiating a loan

Baghdad-ALSHARQIYA   July 2 : Bloomberg News reported that Iraq is in talks with the International Monetary Fund to obtain a loan and is seeking Saudi investments in natural gas fields   Bloomberg quoted Finance Minister Ali Allawi as saying that the International Monetary Fund and Iraq are conducting "intensive" negotiations on a loan that may reach a maximum of five to five billion dollars .. Allawi stressed that there is no official proposal from the Iraqi government and there is no official response from the International Monetary Fund but Iraq is moving in this direction .. On the other hand, the Minister of Finance indicated that Saudi Arabia has expressed interest in Iraqi gas projects.

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